Refer to the information provided in Figure 2.3 below to answer the question(s) that follow.Figure 2.3Refer to Figure 2.3. The law of ________ opportunity costs is best depicted by the production possibilities frontier in Panel A.

A. increasing
B. constant
C. decreasing
D. zero


Answer: A

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The case of New Zealand, described in the text, asks what question about the country's international debt position?

What will be an ideal response?

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If productivity is growing at some sustained rate g, then output and capital per worker ________

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a. True b. False

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