Which statement is true?
A. On the production possibilities frontier, 85 percent of capital is employed.
B. If we moved closer to the origin and further away from the production possibilities frontier, unemployment would increase.
C. To have economic growth, we must push the production possibilities frontier outward.
D. All of the statements are true.
D. All of the statements are true.
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The table above describes the market for paper. The production of paper produces pollution. There are no external benefits. What is the quantity produced if the market for paper is unregulated?
A) 10 tons per week B) 60 tons per week C) 40 tons per week D) 30 tons per week
On January 25, 2009, one U.S. dollar traded on the foreign exchange market for about 49.0 Indian rupees. Thus, one Indian rupee would have purchased about ________ U.S. dollars
A) 0.02 B) 1.20 C) 7.00 D) 49.0
Social Security is indexed by the CPI. As a result
a. it is "over-indexed.". b. it ignores inflation c. it is "under-indexed.". d. it is "un-indexed.". e. it is "over-subscribed.".
If a manager cannot use his management team to deliver a product profitability to the marketplace, a solution for the board of directors might be to
A. let the manager have more time to figure things out. B. increase bonuses for the current management. C. fire the manager and reorganize the company. D. shut down the operations of the company.