The production function does NOT provide information about
A) the technology used in the production process.
B) the types of inputs used in the production process.
C) the relationship between changes in quantity of inputs and changes in the quantity of output.
D) the profits of producing a good.
Answer: D
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Refer to the production function. The average product at 5 units equals ________ units
Fill in the blank(s) with correct word
Which of the following would shift the investment demand curve rightward?
a. A decrease in business taxes. b. A tax credit for new investment. c. Firms move from unused capacity to full capacity. d. All of these.
Look in your wallet. Your credit cards are
a. M1 money b. M2 and fiat money c. fiat money d. near money e. not money
If an economy's exports are $600 billion and its imports are $750 billion, its net exports are
A) $1,550 billion B) $150 billion C) -$150 billion D) 1.07.