Since the demand for labor depends upon the demand for the final product, we say that labor is

The formula is the

A) actual change in the money supply. B) discount rate. C) potential money multiplier. D) federal funds rate.

In the figure above, production efficiency occurs at ________, and allocative efficiency occurs at ________

A) all points on the PPF; only one point on the PPF B) only one point on the PPF; all points on the PPF C) only one point on the PPF; only one point on the PPF D) all points on the PPF; all points on the PPF E) all points on the PPF; all points above the PPF