Author Question: Over the business cycle, factors such as the quantity of capital, human capital and technology A) ... (Read 97 times)

dollx · **on:** Jun 30, 2018

Over the business cycle, factors such as the quantity of capital, human capital and technology

A) change randomly, sometimes growing, sometimes falling.
B) change drastically, fluctuating more than the quantity of labor employed.
C) fluctuate about the same amount as the quantity of labor employed.
D) grow but do not fluctuate as much as the quantity of labor employed.
E) do not grow and are therefore not the source of economic growth.

Question 2

The consumption possibilities curve shows the combinations of goods that can be

A) consumed by a nation after trading begins. B) produced by a nation after trade begins.
C) produced by a nation before trading begins. D) consumed by a nation before trade begins.