An increase in the nation's capital stock will
A) shift the PPF outward.
B) cause a movement along the PPF up and to the left.
C) cause a movement along the PPF down and to the right.
D) move the nation from producing within the PPF to producing at a point closer to the PPF.
A
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Use the following market data to answer the question below.Price per UnitQuantity Purchased by ConsumerQuantity Sold by Producer$52,0000101,800300151,600600201,400900251,2001,200301,0001,500In the market shown in the table, the marginal benefit of 1,200th unit is
A. $25. B. $10. C. $20. D. $15.
An example of direct finance would be when
A) a person purchases a certificate of deposit from a bank. B) a person buys a life insurance policy. C) a person buys 100 shares of stock from a corporation. D) a bank makes a loan to a customer.
In the above figure, the range of unit elasticity occurs
A) on the vertical axis. B) on the horizontal axis. C) between point c and point d. D) below point e.
The Federal Reserve System was established in 1913 in response to the
A) First World War. B) bank panic of 1907. C) depression of 1883. D) prosperity of the 1920s.