The entry of women into the workforce since the 1960s resulted in:
A. A shift outward in the production possibilities curve of the United States
B. A shift inward in the production possibilities curve in the United States
C. A movement along the existing production possibilities curve in the United States
D. A falling real wage for women workers of the United States
A. A shift outward in the production possibilities curve of the United States
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The above figure shows the production possibility frontier for a country. What is the opportunity cost to move from point D to point E?
A) 6 thousand bottles of wine B) 15 thousand bottles of wine C) 6 tons of rice D) 9 thousand bottles of wine E) Nothing, it is a free lunch.
Which of the following countries received a loan from the IMF in November 2008?
A) Japan B) China C) Hungary D) Mexico