It is correct to state that a society which is on its production possibilities curve is
A) underutilizing is resources.
B) technologically inefficient.
C) consuming too much output.
D) fully utilizing its productive resources.
D
Economics
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In the United States, money supply is most commonly referred to as ________
A) M1 B) M2 C) M3 D) M4
Economics
Marginally attached workers fall into which of the following population categories?
A) employed B) unemployed C) labor force D) not in the labor force
Economics
In perfect competition, the elasticity of demand for the product of a single firm is
A) 0. B) between 0 and 1. C) 1. D) infinite.
Economics
The second federal antitrust law was passed in 1914. This antitrust law is the
A) Clayton Act. B) Robinson-Patman Amendment. C) Cellar-Kefauver Amendment. D) Taft-Hartley Act.
Economics