This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Generally there is an inverse relationship between the level of savings and the level of long-term ... (Read 122 times)

karlynnae

  • Hero Member
  • *****
  • Posts: 599
on: Jun 30, 2018
Generally there is an inverse relationship between the level of savings and the level of long-term economic growth.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Opportunity cost is best defined as the:
 a. sum of all alternatives given up when a choice is made.
  b. money spent once a choice is made.
  c. highest-valued alternative given up when a choice is made.
  d. cost of a good minus the satisfaction obtained from consuming it.
  e. cost of capital resources used in the production of additional capital.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

akpaschal

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

c


karlynnae

  • Member
  • Posts: 599
Reply 2 on: Jun 30, 2018
Excellent

meow1234

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Relationship of the electrocardiogram to electrical conduction in the heart Relationship of the electrocardiogram to electrical conduction in the heart
Zhang Huan, To Raise the Water Level in a Fishpond. Zhang Huan, To Raise the Water Level in a Fishpond.
Homeschooling has come a long way. These children are performing in a musical at the annual ... Homeschooling has come a long way. These children are performing in a musical at the annual ...
A weather map depicting the sea-level pressure distribution for March 4, 1994. A weather map depicting the sea-level pressure distribution for March 4, 1994.
Rising Sea Level Rising Sea Level
A horizontal, 2.00 m long, 3.00 kg uniform beam that lies along the east-west di A horizontal, 2.00 m long, 3.00 kg uniform beam that lies along the east-west di
Video: What is an ecosystem?

For a complete list of videos, visit our video library