During the business cycle,
A) real GDP fluctuates around nominal GDP.
B) nominal GDP fluctuates around real GDP.
C) real GDP fluctuates around its trend.
D) trend GDP fluctuates around real GDP.
E) real GDP falls after the trough.
Question 2
Resource use is allocatively efficient when
A) we produce the goods with the highest opportunity cost.
B) we produce the goods with the lowest opportunity cost.
C) we cannot produce more goods and services.
D) we produce the amount of the different goods we value most highly.
Krebs Citric Acid Cycle
Life cycle of moss
That politics was always a rough business is shown in this cartoon, which shows Lincoln, assisted by
The cell cycle.
Events of an Ovarian/Mentrual Cycle Lasting Twenty-Eight Days
Life cycle of Rhizopus stolonifer, a black bread mold