Author Question: The aggregate production function is graphed as A) a downward sloping curve. B) an upward ... (Read 59 times)

B

  • Hero Member
  • *****
  • Posts: 570
The aggregate production function is graphed as
 
  A) a downward sloping curve.
  B) an upward sloping straight line.
  C) an upward sloping line that becomes flatter as the quantity of labor increases.
  D) an upward sloping line that becomes steeper as the quantity of labor increases.

Question 2

When you toss your spare quarters into a jar so you can use them later at the laundromat, you are using money in its function as a
 
  A) medium of exchange.
  B) unit of account.
  C) store of value.
  D) record keeping device.



Brenm

  • Sr. Member
  • ****
  • Posts: 359
Answer to Question 1

C

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

For a complete list of videos, visit our video library