Unit 4 Final.pdf - Sophia Welcome Score 17/21 You passed...

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7/30/2020Sophia :: Welcome1/15UNIT 4 — MILESTONE 4Score17/21You passed this Milestone17 questions were answered correctly.4 questions were answered incorrectly. 1A firm produces goods at a cost of $50 each. The production process creates $25 of pollution for every good made. Which of the following terms corresponds to the statement above? Marginal social costPositive externalityEconomic justiceMarginal social benefit
7/30/2020Sophia :: Welcome2/15CONCEPTInternational Regulatory Environment 2Which of the following is NOT an event that occurred when the Chinese yuan was pegged to the U.S. dollar? CONCEPTInternational Trade and Aggregate Demand 3
7/30/2020Sophia :: Welcome3/15 Which of the following statements about the graph shown here is FALSE?
7/30/2020Sophia :: Welcome4/15China has the absolute advantage in growing rice.The United States can obtain rice at a lower opportunity cost if it trades corn with China than if it tried to grow rice.CONCEPTRationale: Comparative Advantage 4Increasing employment of women in living wage occupations is linked with which of the following? 5 Which of the statements below regarding global poverty is FALSE?

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