The slope of the production possibilities curve is
A) positive and increasing.
B) the opportunity cost of one good in terms of the other.
C) positive and decreasing.
D) positive.
B
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Why might it be hard for companies to know how much pollution should be cleaned up?
A. Costs are too high so it's not worth all the time and effort to clean up the pollution. B. Many costs of pollution are hard to see or itemize to get an accurate amount of the true cost. C. The government is not clear on the rules and regulations for cleaning up pollution. D. Companies value production and profit too much so they do not want to clean up too much.
What would not lead to an overall decrease in demand for air travel in the U.S.?
A) The fear of future terrorist attacks B) News of lengthy security delays at airports C) An expected decrease in airfares D) A substantial increase in bus and passenger train fares
If debt-financed less productive government spending crowds out more productive private investment, future generations will bear
A. All of the burden of the debt due to higher taxes. B. A portion of the burden of the debt relative to the population size. C. Some of the burden of the debt due to lower productive capacity. D. Zero burden as a result of the debt.
If the Bureau of Labor Statistics considers Jessica to be a discouraged worker, then she is not counted as unemployed for purposes of computing the official unemployment rate
Indicate whether the statement is true or false