The processes a firm uses to turn inputs into outputs of goods and services is called

A) technology.
B) technological change.
C) marginal analysis.
D) positive economic analysis.

Answer: A

Economics

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An economy is experiencing a recession and policymakers are considering using discretionary fiscal policy to eliminate the recessionary ga

What will be an ideal response?

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Economic magnitudes measured at the prices actually paid are referred to as ________ magnitudes

A) "real" B) "actual" C) "nominal" D) "unadjusted" E) "gross"

Economics