Which point in the figure above is an attainable combination that would have unemployed resources?
A) point A
B) point B
C) point C
D) point D
E) point A and point B
C
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What appears to have been one of the major causes of the Asian financial crisis?
What will be an ideal response?
A person goes to college to become an engineer. This is an example of an
A) investment in physical capital. B) investment in human capital. C) increase in entrepreneurship. D) increase in labor.
Economists feel that taxing nominal capital gains imposes costs on the economy due to
A. increased consumption. B. reduced consumption. C. increased investment. D. reduced investment.
According to the law of demand, a change in _______ causes a movement along the demand curve.
A. Buyers' expectations B. The number of buyers C. The price of the good D. The price of other related goods