Refer to Figure 2-1. ________ is (are) technically efficient
A) Point A B) Point B C) Point C D) Points B and C
B
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Marginal utility tends to fall as a person increases his or her consumption
a. True b. False Indicate whether the statement is true or false
In recent years, net interest on the national debt paid by the federal government as a percentage of GDP is equal to approximately:
a. 1 to 3 percent. b. 5 to 9 percent. c. 10 to 14 percent. d. 15 to 19 percent. e. 20-25 percent.
If an athlete were to pick the sport where it would be the easiest to move to a desired city, it would be
A. NBA basketball. B. European soccer. C. NFL football. D. Major League Baseball.
Compared to 1960, in 2008 the proportion of retirees living in poverty has fallen from 35 percent to about _________ percent.
A. 5 percent B. 10 percent C. 15 percent D. 20 percent