14) In the figure above, point E could be obtained if
A) resources were shifted from education to healthcare.
B) resources were used more efficiently.
C) there was an increase in society’s resources.
D) resources were shifted from healthcare to education.
C) there was an increase in society’s resources.
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Based on Table 9.1, if the information in the table is typical of current and financial account values over a long period, then it would be reasonable to infer that
A) the net international investment position is negative. B) the net international investment position is positive. C) national savings are less than domestic investment. D) government accounts are in deficit. E) the current account balance is greater than domestic investment.
The permanent-income hypothesis was developed in the 1950s by economist
A) Edward Prescott. B) James Tobin. C) Robert Solow. D) Milton Friedman.
A decrease in costs may not increase economic profit
Indicate whether the statement is true or false
Explain how a legal cartel theory of regulation can be similar to a cartel
What will be an ideal response?