Which of the following would shift a nation's production possibilities frontier inward?
A) an increase in the unemployment rate
B) producing more capital equipment
C) a law requiring workers to retire at age 50
D) discovering a cheap way to convert sunshine into electricity
C
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In the graph shown, a shift in the AD curve to the right:
A. causes goods inflation. B. lowers globally constrained potential output. C. raises domestic consumption. D. lowers domestic consumption.
The "acceptable deaths" notion suggests that it is better to have the benefits of a good to the buyer and seller with a specified number of deaths,
A. than to prohibit the good's production and use entirely. B. in no circumstance. C. than to let the good be produced outside the US. D. but only if the deaths are of less desirable people.
Refer to Figure 13.2. If the figure is viewed as a two-player game between Oliver and George, there would be
A) no Nash equilibria. B) one Nash equilibrium where both players end up at the M position. C) two Nash equilibria, one where Oliver ends up at position L4 and George ends up at position C4, and one where both players end up at position M. D) five Nash equilibria, each represented by the two players ending up an equal distance from M.
Banks are required to file ________ usually quarterly that list information on the bank's assets and liabilities, income and dividends, and so forth
A) call reports B) balance reports C) regulatory sheets D) examiner updates