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Author Question: An example of a transfer payment is A) a welfare payment. B) a paycheck for a member of the ... (Read 103 times)

lak

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on: Jun 29, 2018
An example of a transfer payment is
 
  A) a welfare payment.
  B) a paycheck for a member of the National Guard.
  C) a purchase of a new bridge in Alaska.
  D) a teacher's paycheck.

Question 2

When an economy faces diminishing returns
 
  A) the slope of the per-worker production function becomes steeper as capital per hour worked increases.
  B) the per-worker production function shifts to the left.
  C) the slope of the per-worker production function becomes flatter as capital per hour worked increases.
  D) the per-worker production function shifts to the right.


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sokh

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


lak

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  • Posts: 546
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

nathang24

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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