All points on the production possibilities curve:
A.) Represent the use of all available resources.
B.) Are equally desirable.
C.) Represent the same mix of output.
D.) Represent the same opportunity costs.
A.) Represent the use of all available resources.
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The current account balance is defined as
A) the value of exports - the value of imports. B) the amount of exported capital assets + net interest income. C) the value of exports - the value of imports + net interest income + net transfers. D) the difference between the import and export of official reserves.
Intergovernmental competition obscures citizen preferences for public sector output
a. True b. False
An example of moral hazard is
a. workers working diligently even though the boss is not looking b. health care insured dieting and exercising c. drivers of safer cars texting on their phones while driving d. borrowers investing their loan proceeds exactly as the bank requires
MyPlate is both a graphic and
A. an interactive website providing personalized diet planning. B. a nutrition textbook. . C. a database identifying the nutrients in thousands of common foods. D. a diet-analysis software package.