For an economy to produce at a point beyond its current ppf, the economy must
A. increase its resource base.
B. reduce inputs.
C. be more efficient.
D. waste less.
Answer: A
Economics
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If financial investors believe that the prices of bonds and other assets will fall,
A) their precautionary demand for money goes up. B) their speculative demand for money goes up. C) their precautionary demand for money goes down. D) their speculative demand for money goes down.
Economics
In economics, the study of the decisions of firms in industries where the profits of each firm depend on its interactions with other firms is called
A) profit analysis. B) market structure analysis. C) game theory. D) decision theory.
Economics