Research and development is most likely to have an impact on the _____
a. quantity of labor available
b. quantity of capital goods available
c. quality of labor available
d. quality of capital goods available
e. use of energy
d
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Considering a PPF with health care services on the vertical axis and other goods and services on the horizontal axis, the increasing production of health care services in the United States as a result of the aging population represents
A) a movement upward along the PPF. B) an outward shift of the PPF from the vertical axis. C) an outward shift of the PPF from the horizontal axis. D) a movement downward along the PPF.
In the above table, what is average product when 4 workers are employed?
A) 12 B) 10 C) 11.5 D) 9.5
Since World War II, the likelihood that any single item in the typical consumption basket of a consumer in the U.S. originated outside of the U.S
A) remained constant. B) increased. C) decreased. D) fluctuated widely with no clear trend. E) increased slightly before dropping off.
The length of a loan is called the term.
Answer the following statement true (T) or false (F)