Author Question: A technological advance that increases the productivity of all inputs is best illustrated as: a. a ... (Read 110 times)

sarasara

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A technological advance that increases the productivity of all inputs is best illustrated as:
 a. a movement along the production possibilities curve.
  b. a flattening of the production possibilities curve.
 c. an inward shift of the production possibilities curve.
  d. an outward shift of the production possibilities curve.

Question 2

Rank bonds, common stock, and preferred stock with regard to two factors the possibility of a substantial increase in value. Rank these same securities with regard to investors' legal claims for repayment on their investments.



Sophiapenny

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Answer to Question 1

d

Answer to Question 2

Possibility of increase in value: (1) common stock - (2) preferred stock - (3) bonds
Legal claims: - (1) bonds - (2) preferred stock - (3) common stock



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