Which of the following best represents the effect of an increase in investment?
A.
Moving from point a to point b
B.
Moving from point d to point c
C.
Moving from point a to point c
D.
Moving from point b to point d
D.
Moving from point b to point d
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Which of the following is NOT a benefit associated with producing inputs within a firm?
A. Reduction in transaction costs. B. Reductions in opportunism. C. Mitigation of hold-up problem. D. Gains of specializing.
Between 1995 and 2009, the U.S. productivity rate:
A. was slightly negative, mainly because of record levels of employment growth. B. grew substantially compared to prior years, leading some economists to predict a long-lasting resurgence of productivity growth. C. slowed considerably relative to the high rates between 1990 and 1995. D. reached record low levels for the United States' economy, leading some economists to talk of a long-term trend of stagnation.