An inward shift of a nation's production possibilities frontier can occur due to

A) a natural disaster like a hurricane or bad earthquake.
B) an increase in the labor force.
C) a change in the amounts of one good desired.
D) a reduction in unemployment.


A

Economics

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The demand curve for money

a. shows the amount of money balances that individuals and businesses wish to hold at various interest rates. b. reflects the open market operations policy of the Federal Reserve. c. shows the amount of money that individuals and businesses wish to hold at various price levels. d. reflects the discount rate policy of the Federal Reserve.

Economics

Opportunity cost is defined as

A) the value of the next-best alternative that must be sacrificed to attain a want. B) the least-costly means to produce output. C) the value of the output currently received by an individual or a corporation. D) the return from a given unit of labor.

Economics

Refer to the data provided in Table 9.4 below to answer the question(s) that follow.  Table 9.4qTFCTVCTCMCAVCATC0$100  $0$100  ----  --  11004014040  40  140  21006016020  30   80  31009019030  30    63.334100124  224  343156  5100180  280  56  36  56  6100  264    364  84  44    60.677100  372    472  108  53.14  67.42Refer to Table 9.4. If the market price is $34 and the firm produces 4 units of output, then its profit would be

A. -$100. B. -$88. C. $0. D. $36.

Economics

Each seller's opportunity costs are:

A. determined by a number of factors, including monetary considerations. B. determined by a number of factors, none of which is monetary. C. determined monetarily, which is why they can never be zero. D. less than the monetary costs of manufacturing the good or service.

Economics