Which of the following is not true about production possibilities frontiers?
What will be an ideal response?
unemployment of resources is shown by shifting the PPF inward
Economics
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Choosing from among the following, the worst recession was in
A. 1937-1938. B. 1980. C. 1990-1991. D. 2001.
Economics
A boycott of products sold by companies that are dealing with a company whose workers are on strike is a
A) jurisdictional dispute. B) sympathy strike. C) right-to-boycott law. D) secondary boycott.
Economics
If there is no response in quantity demanded to a change in price, demand is
A. perfectly inelastic. B. elastic. C. unit-elastic. D. perfectly elastic.
Economics
The principal goal of the Treaty of Maastricht was the creation of a
A. fixed exchange rate system. B. floating exchange rate system. C. gold-exchange system. D. monetary union.
Economics