Trade allows (or forces) a country to consume: a. beyond the limits of its production capability as represented by its production possibilities frontier (ppf). b. at less than the limits of its production capability as represented by its ppf. c. a different portfolio of goods than it can produce based on the resources available within its borders. d. only the goods produced by its potential trading partner.

During which of the following phases of the business cycle does the real gdp fall? a. trough b. expansion c. contraction d. peak

Jake and janelle loved to prepare gourmet meals for friends and family. they started a business of preparing theme-type dinners for friends who were having parties. to generate even more interest in the business, janelle created on her website. she posted pictures of events, and close-ups of the food they served. she encouraged patrons and others to post reviews, comments, and favorite recipes, and to share their own party ideas. her promotion became a dialogue between buyers of her service and the business. interactive promotion infomercials product placement broadcast

"by three methods we may learn wisdom: first, by reflection which is noblest, second, by imitation, which is easiest, third, by experience, which is bitterest."