Which of the following is a name for when a bank promises to lend funds to a borrower to pay off its commercial paper?

Economic growth measured in terms of an increase in per capita real GDP is a good measure of _____

a. the average citizen's standard of living in a nation b. the quality of labor in a nation c. the distribution of income in a nation d. the quality of life people experience in a nation e. economic activity in a nation

Any improvement in overall production technology that permits more output to be produced with the same level of inputs causes

A) a movement up the supply curve resulting in both a higher equilibrium price and quantity. B) a rightward shift of the supply curve so that more is offered at each price. C) no movement of the supply curve, but a fall in price and a decrease in quantity supplied. D) a leftward shift of the supply curve so that less is offered for sale at each price.