The economy could reach point W if it
A. reduced the unemployment rate.
B. achieved economic growth.
C. decreased its quantity of land, labor and capital.
D. shifted resources from butter production into the manufacturing guns.
B. achieved economic growth.
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The supply of loanable funds is the relationship between loanable funds and ________ other things remaining the same
A) real GDP B) the price level C) the real interest rate D) the inflation rate
For a given expected value, the smaller the standard deviation of the expected value, the larger the risk
Indicate whether the statement is true or false
Marginal-cost transfer-pricing creates incentives for manufacturing to distort MC:
A. upward. B. downward and then upward. C. upward and then downward. D. downward.
A tax imposed on the buyers of a good will raise the
a. price paid by buyers and lower the equilibrium quantity. b. price paid by buyers and raise the equilibrium quantity. c. effective price received by sellers and lower the equilibrium quantity. d. effective price received by sellers and raise the equilibrium quantity.