This topic contains a solution. Click here to go to the answer

Author Question: The opportunity cost of the U.S. producing tea or coffee is measured by the value of the foregone ... (Read 32 times)

burchfield96

  • Hero Member
  • *****
  • Posts: 610
The opportunity cost of the U.S. producing tea or coffee is measured by the value of the foregone production alternativemanufact uring or staples.
 
  Indicate whether the statement is true or false

Question 2

A cut in the payroll tax will tend to cause, other things the same, ________.
 
  A) a change in aggregate demand, with no effect on supply
  B) a change in both aggregate demand and supply
  C) a change in aggregate supply, with no effect on demand
  D) no change in either aggregate demand or supply



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

amanda_14

  • Sr. Member
  • ****
  • Posts: 342
Answer to Question 1

True

Answer to Question 2

B





 

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

For a complete list of videos, visit our video library