Which of the following pairs of goods is likely to be considered complements?

A) Nokia and Samsung cell phones B) Laptops and electric heaters
C) Motorcycles and typewriters D) Pens and writing pads

D

Economics

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Even though points inside a production possibilities curve are attainable, why are they not preferred?

What will be an ideal response?

Economics

Suppose the following situation exists for an economy: Kt+1/N > Kt/N. Given this information, we know that

A) saving per worker equals depreciation per worker in period t. B) saving per worker is less than depreciation per worker in period t. C) saving per worker is greater than depreciation per worker in period t. D) the saving rate fell in period t. E) none of the above

Economics