A production possibilities frontier will shift outward if there is an improvement in technology
a. True
b. False
A
Economics
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Jonathan likes to consume pizzas and burgers. If both the goods have diminishing marginal utility, then Jonathan's indifference curve is likely to be _____
a. a straight line b. downward sloping c. L-shaped d. U-shaped
Economics
The government agency that insures deposits held in banks in the United States is
A. the Federal Reserve System. B. the Federal Deposit Insurance Corporation. C. the Federal Bank Insurance Corporation. D. the Federal Asset Insurance Corporation.
Economics