3962EconomicsMedium
In autarky the relative price of wine, in terms of beer, in Country B is?
A1W = 3B
B1W = 5B
C1W = 6B
D1W = 4 1/2B
Correct answer
D. 1W = 4 1/2B
Explanation
The correct answer is 1W = 4 1/2B.
Correct answer
D. 1W = 4 1/2B
Explanation
The correct answer is 1W = 4 1/2B.
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