In order for an economy to increase its production possibilities, the economy must
A) be very efficient.
B) increase inputs.
C) increase its wants.
D) reduce output.
B
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What has been the approach of the European Central Bank to monetary targeting?
What will be an ideal response?
In which of these countries is labor union membership as a percentage of the labor force the highest?
A. The U.S. B. Japan C. Canada D. Sweden
Which of the following statements is true concerning the U.S. national debt?
A. Budget surpluses in 2002 and 2003 have reduced the national debt. B. U. S. government agencies own about 42 percent of the total national debt. C. Private American citizens own over 70 percent of the total national debt. D. Foreigners hold 50 percent of the total national debt.
Refer to the information provided in Figure 2.4 below to answer the question(s) that follow.
Figure 2.4According to Figure 2.4, an increase in unemployment may be represented by the movement from
A. B to A. B. A to C. C. C to D. D. B to D.