The law of increasing opportunity cost implies that
A) producing additional units of one good results in proportionately smaller reductions in output of the other good.
B) producing additional units of one good results in increasing amounts of lost output of the other good.
C) the production possibilities curve will be a straight line.
D) the society will be producing on its production possibilities curve.
Question 2
Media reports often suggest that the increasing public debt is a burden on future generations. What they mean is that
A) it reduces the current level of investment.
B) it makes predicting future unemployment levels unpredictable.
C) it causes deflation.
D) it reduces both nominal and real interest rates.
Additional Disorders of the Skeletal System
A spark plug thread chaser is a low-cost tool that hopefully will not be used often, but is ...
How to know when a function is increasing or decreasing using calculus (Part 1)
Almonds and other nuts are also good sources of protein
Nuts are also a good source of B group vitamins (including folate), and vitamin E
Effect of Increasing the Investment Rate on the Steady State