Increases in resources or improvements in technology will cause the production possibilities frontier to
a. shift outward
b. shift inward
c. become a straight line
d. become horizontal
e. become vertical
A
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Industrial production is an example of a coincident indicator
Indicate whether the statement is true or false
Something that would not be considered a tool in pursuit of industrial policy would be:
A. incentives for foreign portfolio investment. B. investment in research. C. incentives for foreign direct investment. D. All of these are examples of industrial policies.
What is the difference between a hypothesis and a theory?
If consumer tastes shift away from mustard and toward salsa, then the
a. demand curve for salsa will shift to the left b. demand curve for mustard will shift to the right c. quantity demanded of salsa will decrease d. quantity demanded of mustard will increase e. demand curve for salsa will shift to the right