A production possibilities frontier will shift outward if there is an improvement in technology

a. True
b. False


A

Economics

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The Fed generally intervenes very actively in specific asset markets in all kinds of circumstances

a. True b. False

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Who among the following is underemployed?

a. Brian, who works part-time as he wants more time to study b. Regina, who works part-time but is willing to work full-time c. Daniel, who works as a ski instructor but only during winter each year d. Roger, who works at a shoe store in the morning and at a restaurant in the evening

Economics

Increasing the quantity of a pure public good can be done at zero cost.

A. True B. False C. Uncertain

Economics

Game theory is the study of decision making in situations where strategic interaction occurs between rivals.

Answer the following statement true (T) or false (F)

Economics