Economic growth causes the PPF to
A) shift leftward.
B) shift rightward.
C) remain constant.
D) go from a straight line to a curve.
B
Economics
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In the above figure, the marginal cost of the last unit produced by the profit maximizing firm is
A) $5. B) $10. C) $15. D) $20.
Economics
Suppose you buy a bond with a face value of $1,000 for $800. What is the interest rate you receive on the bond?
A) 0.8% B) 1.25% C) 20% D) 25%
Economics