From a point within the utilities possibilities frontier,
A) movement to another point within the frontier can only increase one person's utility, but not both people's utility.
B) it is possible to find another point within the frontier that generates higher utility for both people.
C) it is possible to find another point within the frontier that involves higher output of both goods.
D) any move to another point within the frontier will necessarily decrease someone's utility.
B
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Talking about alternatives is the first step in a process that helps us make better choices about how we use our resources
Indicate whether the statement is true or false
Refer to Figure 10-2. Which of the following is consistent with the graph depicted above?
A) New government regulations decrease the profitability of new investment. B) The government runs a budget surplus. C) An expected expansion increases the profitability of new investment. D) There is a shift from an income tax to a consumption tax.
Domestic savings:
A. comes from private households spending less than they earn. B. is equal to domestic income minus consumption spending. C. occurs when government revenues exceed noncapital expenditures. D. All of these are true.
Following the completion of a basic academy, most departments assign their new officers to which training?
A) in-service training B) technical training C) Field Training Officer (FTO) program D) roll-call training