Refer to the information provided in Figure 2.6 below to answer the question(s) that follow.
Figure 2.6Refer to Figure 2.6. An increase in the economy's capital stock is represented by a
A. shift from ppf1 to ppf2.
B. movement along ppf2.
C. shift from ppf2 to ppf1.
D. movement along ppf1.
Answer: A
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In the foreign exchange market, how does a fall in the U.S. interest rate affect the supply of dollars?
What will be an ideal response?
The Federal Reserve econometric model estimates that a 1 percent increase in the money supply will
A) increase real GDP by 1 percent after 3 years. B) increase real GDP by 2 percent in 3 years. C) increase real GDP by 3 percent 3 years. D) have no effect on real GDP after 2 years.
In what way do owners of stocks have limited liability?
What will be an ideal response?
Employers tailor compensation packages to attract employees who will give them a competitive edge in the market
Indicate whether the statement is true or false