Refer to the information provided in Figure 2.4 below to answer the question(s) that follow.
Figure 2.4According to Figure 2.4, Point A necessarily represents
A. only hybrid cars being produced.
B. an unattainable production point.
C. what society wants.
D. the economy's optimal production point.
Answer: A
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Explain why a computer might depreciate rapidly just in one year even if it is in just as good of a condition as the day it was purchased?
What will be an ideal response?
One of the largest challenges with foreign aid today is:
A. finding ways to ensure it is going to the best uses possible. B. raising enough of it to have any significant impact on the market. C. countries' overreliance on it removing incentives to better themselves. D. severely diminishes some nations’ ability to help their own citizens.
In the loanable funds market, if the government is running a deficit
a. it is a supplier of funds as it is taking in more than it is spending b. it is a demander of funds as it is taking in more than it is spending c. it is a supplier of funds as it is spending more than it is taking in d. it is neither be a supplier or demander e. it is a demander of funds as it is spending more than it is taking in.
If the Federal Reserve sets a target nominal interest rate, it can:
A. only set a money supply target that is consistent with the nominal interest rate target. B. shift the money demand curve to the right. C. achieve this target with any arbitrary supply of money. D. independently set a target money supply.