The aggregate production function of an economy shifts upward when ________ produce a higher output
A) the same amount of capital and labor
B) the same amount of capital and a higher amount of labor
C) a higher amount of capital and labor
D) the same amount of labor and a higher amount of capital
A
Economics
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An indication that Insurance companies anticipate adverse selection is
a. they do not require a deductible b. they do not classify clients into different risk types according to their claim history c. they do not classify clients into different risk types according to pre-existing conditions d. they require a co-payment
Economics
Which of the following is a bank liability?
A. Cash in the vault B. Loans made to customers C. Money market deposit accounts D. Bank computers E. All of these responses are correct.
Economics