Author Question: The aggregate production function is graphed as A) a downward sloping curve. B) an upward ... (Read 60 times)

B

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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

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Answer to Question 1

C

Answer to Question 2

C



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