Author Question: The aggregate production function is graphed as A) a downward sloping curve. B) an upward ... (Read 32 times)

B

  • Hero Member
  • *****
  • Posts: 570
The aggregate production function is graphed as
 
  A) a downward sloping curve.
  B) an upward sloping straight line.
  C) an upward sloping line that becomes flatter as the quantity of labor increases.
  D) an upward sloping line that becomes steeper as the quantity of labor increases.

Question 2

When you toss your spare quarters into a jar so you can use them later at the laundromat, you are using money in its function as a
 
  A) medium of exchange.
  B) unit of account.
  C) store of value.
  D) record keeping device.



Brenm

  • Sr. Member
  • ****
  • Posts: 359
Answer to Question 1

C

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

For a complete list of videos, visit our video library