The supply curve for a productive resource wherein price provides an incentive function is:
A. Vertical
B. Horizontal
C. Upsloping to the right
D. Downsloping to the right
C. Upsloping to the right
Economics
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A positive cost-benefit ration implies that the activity or program should be undertaken
a. True b. False
Economics
U.S. savings bonds and corporate bonds are referred to by economists as unearned money
Indicate whether the statement is true or false
Economics
The short-run aggregate supply curve shifts leftward when the
A) price level increases. B) general level of technology advances. C) money wage rate increases. D) availability of on-the-job training expands to all workers.
Economics
If everyone agrees to a change, then the change will be a Pareto Superior move
a. True b. False
Economics