Author Question: Betty goes out to enjoy a bouffe with her friend instead of practicing calculus problems for her ... (Read 33 times)

yoooooman · **on:** Jun 30, 2018

Betty goes out to enjoy a bouffe with her friend instead of practicing calculus problems for her maths examination that is due the following day. This implies that the opportunity cost of the bouffe to Betty is zero.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Which of the following is true with regard to economic growth?
a. Small differences in economic growth rates make small differences in Real GDP over time.
b. Once a country is richer than other countries, it will remain richer regardless of differences in economic growth rates.
c. Economic growth rates tell us nothing about the distribution of output and income in a country.
d. All of the above are true.