The production possibilities frontier shows the ________ combinations of two products that can be produced in a particular time period with available resources
A) equitable B) maximum attainable
C) only D) minimum attainable
B
Economics
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In the economic way of thinking, the right to coerce adults is
A) immoral. B) a property right. C) the most efficient way for management to control labor. D) necessarily antithetical to a free and open society. E) good because it's rooted in the Old Testament.
Economics
If the MPC is 0.6 and the tax rate is 20%, a $200 decrease in autonomous net exports will decrease equilibrium income by
A) $384. B) $416. C) $478. D) $1,666.
Economics