The long-run aggregate supply increases as:
a. new production technology is introduced.
b. the quality of labor declines.
c. the average price level increases.
d. natural resources become depleted.
e. the minimum wage rate increases.
Question 2
The fallacy of composition is essentially the error of:
a. confusing association with causation.
b. confusing normative economics with positive economics.
c. generalizing from the individual to the whole.
d. omitting relevant variables from an economic model.
An Estimate of the Time of Global Peak Conventional Oil Production
Running time on 100-meter sprint for men and women master athletes increases with age. Source: Korho
Blood Supply to the Lungs
RFID technology
Perform the indicated division (long division polynomials)
Nonshivering heat production