Refer to the information provided in Figure 2.6 below to answer the question(s) that follow.
Figure 2.6Refer to Figure 2.6. Which of the following will not cause the production possibility frontier to shift from ppf1 to ppf2?
A. a decrease in the unemployment rate
B. an increase in the stock of capital
C. an improvement in technology
D. the discovery of previously unknown oil fields
Answer: A
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Recession can cause widespread bank crises for all of the following reasons except:
A. borrowers' default rates increase. B. there is less business investment as banks make fewer loans. C. the negative effect on banks' balance sheets. D. bank capital increases.
Over the next few years the number of buyers in the market for sport utility vehicles decreases sharply. As a result, Question 19 options:
A. there is a movement downward along the demand curve for sport utility vehicles. B. the demand curve for sport utility vehicles shifts leftward. C. the demand curve for sport utility vehicles shifts rightward. D. there is neither a shift nor a movement along the demand curve for sport utility vehicles.
All of the following are considered natural resources EXCEPT:
A. a coral reef. B. gold. C. labor. D. a redwood forest.
Describe the history and consequent deepening as the European Union developed. Which treaties created which level of economic integration? Do countries have the ability to participate in some levels of integration and not others? Give specific examples
What will be an ideal response?