Macroeconomics

When there is a choice between the consumption of bundle X and bundle Y, the opportunity cost of ...

Started by j.rubin

According to the rule of 70, a. if a country is growing at 14 per year, its output will double in ...

Started by sjones

Betty goes out to enjoy a bouffe with her friend instead of practicing calculus problems for her ...

Started by yoooooman

Which of the following do not contribute to long-term economic growth? a. substantial increases in ...

Started by deesands

If population is expanding at a faster rate than a country's real output is expanding: a. real per ...

Started by CQXA

A point lying inside the production possibilities curve PPC is not an attainable combination. a. ...

Started by TVarnum

Assume that Colombia can produce 1,000 pounds of coffee in one day or produce 200 pounds of bananas ...

Started by imanialler

Rapid population increase in which of the following economies may threaten and deter economic growth ...

Started by ghost!

A nation's production possibilities curve PPC will shift outward if its workers receive better ...

Started by leo leo

Explain the difference between poverty and scarcity.[br][br][b][color=gray]Question ...

Started by scienceeasy

There are several factors that nearly everyone agrees have contributed to economic growth in some or ...

Started by ishan

Economic growth can be illustrated by an outward shift of the PPC. a. True b. False Indicate ...

Started by nenivikky

Why do people commonly switch channels on their TVs when the final credits of a movie they were ...

Started by dollx

Output per capita will tend to increase if the labor force participation rate in a country ____ or ...

Started by lindiwe

Individuals, firms, and nations should specialize in those activities which have the highest ...

Started by biggirl4568

Differentiate between positive and negative incentives.[br][br][b][color=#165FFA]Question ...

Started by madam-professor

If there was an increase in technology other things equal, real GDP growth would ____ and real GDP ...

Started by acc299

Specialization and trade do not allow individuals, firms, or even nations to acquire goods that lie ...

Started by jazziefee

Farmer Fred could grow wheat and barley. He could grow 75 bushels of wheat or 125 bushels of barley ...

Started by Mimi

If there was both an increase in technology and an increase in labor force participation, real GDP ...

Started by mmm

If an individual can produce a good or service with a lower opportunity cost than another ...

Started by theo

Prices communicate information about the relative value of resources in the marketplace. Which of ...

Started by jc611

Enforcement of property rights is likely to result in: a. more incentives to invest. b. lower rates ...

Started by folubunmi

It has been generally observed that most trade in the world occurs between a developed and a ...

Started by Sufayan.ah

How can market failure occur in the market for hybrid automobiles? What could the government try to ...

Started by hbsimmons88