What is the opportunity cost of economic growth?
A) current period consumption goods
B) land
C) current period capital goods
D) both current period consumption and capital goods
E) both current period capital goods and land
Question 2
In the foreign exchange market, the exchange rate is volatile because the
A) factors that influence the supply of dollars also influence the demand for dollars.
B) demand for dollars changes more frequently than the supply of dollars.
C) both the demand curve for dollars and the supply curve of dollars are very flat.
D) supply of dollars changes more frequently than the demand for dollars.
E) None of the above is related to the volatility of the exchange rate.
World human population growth through history illustrates an exponential growth pattern.
Growth in Cold and Cool Clouds
economic question
economic question
Exponential Growth in Mice
Human Population Growth