Question

pregunta 53 (2 puntos)
the use of taxes and government spending to influence the economy is called ____.

a monetary policy
b fiscal policy
c structural policy
d inflation

pregunta 54 (2 puntos)
a/an ____ is the ability of a person, company, or country to produce a greater quantity of goods and services than a competitor, using the same amount of inputs.

a corporate advantage
b absolute advantage
c statistical advantage
d comparative advantage

Explanation:

produce more output than another entity with the same amount of inputs, which matches the question's description. This differs from comparative advantage (lower opportunity cost) and the incorrect options provided.

Answer:

produce more output than another entity with the same amount of inputs, which matches the question's description. This differs from comparative advantage (lower opportunity cost) and the incorrect options provided.