Which of the following causes the demand for veggie-burgers to increase?
a. A technological innovation that lowers the cost of producing veggie burgers.
b. An increase in the price of tofu burgers, perceived as a substitute by veggie burger consumers.
c. An increase in the price of burger buns.
d. A decline in the price of veggie burgers.
b
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For the last 100 years, the level of government that has seen the largest increase in its percentage of expenditures is
A. local. B. state. C. federal. D. all of these answer options are correct.
Harvesting less wheat than the land is capable of producing is an example of
a. marginal costs b. opportunity costs c. good farming practices d. underutilization
Table 9-1 Output Consumption Investment Net Exports 1,000 800 500 100 1,500 1,200 500 100 2,000 1,600 500 100 2,500 2,000 500 100 3,000 2,400 500 100 3,500 2,800 500 100 4,000 3,200 500 100 ? In Table 9-1, at output of 4,000, inventories are
A. decreasing by 200. B. increasing by 200. C. increasing by 300. D. decreasing by 300.
The United Nations, in its annual publication of the Human Development Report, computes what it calls the human development index. If the purpose of this index is to measure development rather than growth, which of the following factors is most likely to be included in it?
A. Size of the capital stock B. Number of workers in the labor force C. Availability of natural resources D. Literacy rate