technology

What will be an ideal response?


the knowledge available in an economy at any given time.
-determines the amount of output we can generate with our limited resources.

Economics

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We expect PPP to hold better

A) for annual data than monthly data. B) for high-inflation countries. C) in the long run. D) All of the above.

Economics

During the last two centuries, after adjustment for inflation,

a. corporate bonds have yielded a real return of approximately 7 percent annually, compared to a real return of about 3 percent for corporate stocks. b. corporate stocks have yielded a real return of approximately 7 percent annually, compared to a real return of about 3 percent for bonds. c. both corporate stocks and bonds have yielded a real rate of return of about 3 percent. d. both corporate stocks and bonds have yielded a real rate of return of about 7 percent.

Economics

A measure of the volatility of a variable is its

a. present value. b. future value. c. return. d. standard deviation.

Economics

Refer to the graph shown. The cheapest way to produce 1,000 units of output is with:

A. 4 workers and 2.4 units of capital. B. 12 units of capital and no workers. C. 5 workers and no capital. D. 2 workers and 7.2 units of capital.

Economics