Refer to the information provided in Figure 2.5 below to answer the question(s) that follow.
Figure 2.5Refer to Figure 2.5. For this economy to move from Point C to Point B, ________ additional LCD TVs could be produced when the production of OLED TVs is reduced by 20.
A. exactly 30
B. exactly 60
C. fewer than 30
D. more than 30
Answer: C
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Those living in the poorest quartile of countries would like to emigrate because:
A. the opportunities to gain more education are higher in richer countries. B. earnings are higher for the same skill level in richer countries. C. the cost of living is lower in richer countries. D. All of these statements are true.
A rise in the general level of prices over time is called ________.
A) deflation B) inflation C) disinflation D) deflection
Explain why an inverted yield curve is a valuable forecasting tool?
What will be an ideal response?
Refer to the information provided in Figure 8.9 below to answer the question(s) that follow. 
Figure 8.9
Refer to Figure 8.9. At the market price of $18 per bale, if this farmer produces the profit-maximizing level of hay, the total revenue would be
A. $1,200. B. $2,800. C. $5,600. D. $6,300.