Refer to the information provided in Figure 2.4 below to answer the question(s) that follow. Figure 2.4According to Figure 2.4, as the economy moves from Point D to Point B, the opportunity cost of hybrid cars, measured in terms of motorcycles,

A. initially increases, then decreases.
B. increases.
C. remains constant.
D. decreases.

Answer: B

Economics

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Private saving is equal to:

A. income ? consumption. B. income - consumption ? taxes. C. income ? consumption ? government spending. D. income ? consumption ? government spending ? taxes.

Economics

A recent medical study shows that peanuts are one of the leading causes of high cholesterol. This would cause the demand for peanuts to

a. Shift to the left b. Shift to the right c. go down the demand curve d. not change

Economics