A decrease in the stock of capital will cause the
A. production possibility frontier to shift outward.
B. economy to move closer to its production possibility frontier.
C. production possibility frontier to shift inward.
D. economy to move down the production possibility frontier.
Answer: C
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Which of the following is not an example of land?
A. Coal. B. A river. C. Natural gas. D. A homebuilder.
Describe how a central bank can increase aggregate demand by influencing expectations
What will be an ideal response?
Assume the economy moves from a situation with full employment to one in which the unemployment rate is higher. This can be portrayed as: a. an inward shift of the production possibilities curve
b. an outward shift of the production possibilities curve. c. a movement from a point inside the production possibilities curve to a point closer to the production possibilities curve. d. a movement from a point on the production possibilities curve to a point inside the production possibilities curve.
The most successful region of transition
a. Central Europe b. Russia c. Central Asia d. Belarus e. Afghanistan