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Author Question: Of the three major economic questions, which of the following is the best example of a How? ... (Read 36 times)

Zoey63294

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Of the three major economic questions, which of the following is the best example of a How? question?
 
  A) Should we produce more heavy fleece coats?
  B) Should we spend more on health care?
  C) Should we collect tolls on turnpikes using human toll collectors or mechanized toll machines?
  D) Should we eat more oatmeal?
  E) Should we build log homes or build factories from bricks?

Question 2

In a graph with output in the Y axis and efficiency units of labor in the X axis, which of the following causes a rightward movement along the aggregate production function?
 
  A) A decrease in the capital stock B) An increase in the total efficiency units of labor
  C) An improvement in technology D) A decrease in the productivity of workers


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ecox1012

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