The demand for current consumption, as plotted against the interest rate, shifts to the right due to all of the following except
A) a decrease in current taxes.
B) a increase in future taxes.
C) an increase in current income.
D) an increase in future income.
Question 2
A production function describes the
A) technological possibilities for converting factor inputs into outputs.
B) intellectual possibilities for converting factor inputs into outputs.
C) amount of resources available to the representative firm.
D) actual process of converting factor inputs into outputs.
Feedforward control of breathing rate in an animal trained for athletic exercise.
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