Which of the following does NOT cause a rightward shift in the supply curve?
A) a reduction in resource costs
B) an increase in technology
C) a reduction in the price of the good
D) a reduction in the expected future price of the good
C
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Explain why it may be advantageous to have technological change explained by, rather than outside of, a growth model
What will be an ideal response?
The U.N.'s Millennium Aid Goal focuses on aid in the form of
A. A loan from the United Nations. B. Money from rich donor countries. C. Money from nongovernmental organizations. D. Redistributions within poor countries.
In 2013, the bottom 90 percent of wealth holders in the United States had less than one-quarter of the total wealth.
Answer the following statement true (T) or false (F)
Refer to the figure above. The slope of the production function between ________ and ________ indicates negative returns to labor
A) Point B; Point C B) Point A; Point C C) Point A; Point B D) the origin; Point A