What is the opportunity cost of economic growth?
A) current period consumption goods
B) land
C) current period capital goods
D) both current period consumption and capital goods
E) both current period capital goods and land
Question 2
In the foreign exchange market, the exchange rate is volatile because the
A) factors that influence the supply of dollars also influence the demand for dollars.
B) demand for dollars changes more frequently than the supply of dollars.
C) both the demand curve for dollars and the supply curve of dollars are very flat.
D) supply of dollars changes more frequently than the demand for dollars.
E) None of the above is related to the volatility of the exchange rate.
Exponential population growth.
Deforestation of Land
Per capita consumption of power is high in the developed world and highest in the United States
Embryonic Period
economic question
A company that makes cell phones has the following cost structure. They have fixed costs of ...