Which of the following would result in a movement along the production possibilities curve?
A) a fall in the unemployment rate
B) growth in the capital stock
C) population growth
D) a change in the composition of two goods that a society chooses to produce
D) a change in the composition of two goods that a society chooses to produce
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An informed party can use ________ to give information to an uninformed or lesser-informed party
A) signaling B) screening C) an individual mandate D) market noise
Under perfect competition, a firm’s
A. demand curve and average revenue curve are identical, but the marginal revenue curve is different. B. demand curve is different, but the average revenue curve and the marginal revenue curve are identical. C. demand curve, average revenue curve and marginal revenue curve are identical. D. none of these are true.
Discuss the differences between Keynesian and supply-side fiscal policies
Which of the following is an example of a U.S. export of services?
a. a Canadian buys a Ford automobile that was produced in the United States b. a U.S. traveler buys an Irish knit sweater made in Ireland c. a British citizen buys an American Airlines ticket from London to New York d. a U.S. citizen puts money into a French money market account e. a Japanese exchange student buys a Big Mac while attending college in California