Increased labor productivity shifts the production possibility curve away from the origin.
Answer the following statement true (T) or false (F)
True
You might also like to view...
In equilibrium,
A) income = planned expenditures. B) unplanned inventory investment is zero. C) Ep (planned expenditures) crosses the 45-degree income line. D) all of the above.
Most American firms are corporations
a. True b. False Indicate whether the statement is true or false
Game theory is necessary for understanding
a. all market structures. b. competition and oligopoly, but it is not necessary for understanding monopoly. c. monopoly and oligopoly, but it is not necessary for understanding competition. d. oligopoly, but it is not necessary for understanding monopoly or competition.
The hot spot problem is:
A. the U.S. obtains the majority of its oil supplies from politically unfriendly countries. B. some air pollutants such as sulfur dioxide have a greater effect nearby than further away. C. some air pollutants such as carbon dioxide have an equal effect nearby and further away. D. nuclear plants heat up nearby water, causing a decline in the native fish population.