Credibility is not important in ________
A) new Keynesian and traditional Keynesian theory
B) real business cycle and traditional Keynesian theory
C) real business cycle and new Keynesian theory
D) traditional Keynesian, new Keynesian and real business cycle theory
B
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In the figure above, the point labeled C in the production possibilities frontier
A) is unattainable; it is beyond the productive capability of this country. B) represents a highly desirable output level in the long run, because it conserves scarce resources. C) represents either unemployed or inefficiently utilized resources. D) represents the maximum sustainable output level for this nation in the long run.
For a decade after the Land Ordinance of 1785, pioneering in parts of the Northwest Territory was restricted by all of the following except
a. Indian troubles b. French interference c. English interference d. high prices of land