The above table gives techniques that Fatz Confectionery can use to produce 2,000 pounds of candy. Which technique is technology inefficient?
A) A
B) B
C) C
D) D
B
Economics
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Data on output and aggregate expenditure in Macroland are given below.Output(Y)Aggregate Expenditure2,0002,3003,0003,2004,0004,1005,0005,0006,0005,900Based on these data, the short-run equilibrium level of output is:
A. 3,200. B. 2,000. C. 5,000. D. 4,100.
Economics
When is policy convergence, also known as Downsian policy convergence, likely to occur among political parties?
What will be an ideal response?
Economics
Refer to Figure 6-1. The demand curve on which elasticity changes at every point is given in
A) Panel A. B) Panel B. C) Panel C. D) none of the above graphs.
Economics
Merchandise exports minus imports equal the
A) basic balance. B) liquidity balance. C) official settlements balance. D) balance of trade.
Economics