Refer to Figure 8A.1. When the economy reaches K
A) economic growth through capital deepening continues to increase.
B) capital stock increases.
C) depreciation equals saving.
D) depreciation is zero.
C
Economics
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Refer to Figure 2-6. If the economy is currently producing at point E, what is the opportunity cost of moving to point D?
A) 26 thousand forks B) 0 spoons C) 16 thousand spoons D) 20 thousand forks
Economics
By offering training to workers whose firms laid them off because of competition from foreign firms, the federal government is attempting to reduce
A) unnatural unemployment. B) frictional unemployment. C) structural unemployment. D) cyclical unemployment. E) seasonal unemployment.
Economics