The graph above might represent the ________

A) response to an increase in the fraction of the population engaged in research and development
B) response to a rise in the productiveness of research and development
C) response to an increase in the total population
D) response to a rise in the saving rate

A

Economics

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The federal budget is defined as

A) an annual statement of expenditures and tax revenues of the U.S. government. B) a monthly statement of whether the U.S. government is in deficit or surplus. C) a monthly statement of expenditure laws passed by the U.S. government. D) an annual statement of what policy actions the U.S. government has pursued. E) an annual statement of U.S. government violations of international laws.

Economics

Who among the following faced an opportunity cost?

A) The fiancée B) The recently married bride C) The cheating spouse D) The divorcee E) All of the above.

Economics