Which of the following will bring about an inward shift of a production possibilities curve [PPC]?
a. A decrease in the amount of resource employment
b. An increase in the working-age population
c. An increase in unemployment
d. A decrease in the availability of natural resources
e. An increase in the amount of capital available
d
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The economic problem refers to
A. not having enough money. B. the attempt "to secure the greatest amount of pleasure with the least possible outlay". C. the notion that the wealth of nations depends on that country's ability to produce goods and services. D. None of the choices are true.
A decline in the price of resource A will
A. shift the demand curve for A to the right. B. shift the demand curve for A to the left. C. reduce the demand for complementary resource B. D. increase the demand for complementary resource B.
What are net exports? How will an appreciation of the peso affect Mexico's net exports?
What will be an ideal response?
If Vice President Smith is a better typist than his assistant, he is said to have a(n) ________ advantage in typing over his assistant
A) absolute B) unusual C) relative D) overwhelming