If the production possibilities frontier is linear, then
A) opportunity costs are decreasing as more of one good is produced.
B) it is easy to efficiently produce output.
C) opportunity costs are increasing as more of one good is produced.
D) opportunity costs are constant as more of one good is produced.
Answer: D
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A. TR and TC. B. MR and MC. C. price and ATC. D. ATC and MC.
Economists who believe in sound finance would say that in a recession, the government should:
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