The stimulation of a large economy aimed at increasing growth in the rest of the world is commonly known as
A) pass-through effect.
B) locomotive effect
C) investment effect.
D) domino effect.
B
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Refer to Game Matrix II. Which outcomes in this game are Pareto optimal?
Game Matrix II
The following questions refer to the game matrix below. Player A can play the strategies "High" and "Low," and Player B can play the strategies "Odd" and "Even."
a. The upper right-hand corner only.
b. The lower right-hand corner only.
c. Both the upper and lower right-hand corners.
d. All outcomes except the upper left-hand corner.
The term "variable input" is used to refer to inputs that vary in terms of quality and, therefore, productivity
Indicate whether the statement is true or false
A firm in a perfectly competitive market structure
a. will advertise to shift its demand curve to the right b. has a demand curve for its good that is perfectly vertical c. cannot influence the price d. has a demand curve for its good that is downward sloping e. has a demand curve for its good that is upward sloping
Refer to the accompanying figure. If this economy is currently producing at point C, then the opportunity cost of providing 100 additional units of medical care would be:
A. 400 warheads. B. 100 warheads. C. 800 warheads. D. 200 warheads.