The set of tangencies between isoquants and isocosts is the firm's

a. production function.
b. returns to scale.
c. output maximization curve.
d. expansion path.

d. expansion path.

Economics

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The skills, training, and education possessed by workers contribute to economic growth

A. by increasing saving. B. by increasing the quality of labor. C. by increasing the quantity of labor. D. by increasing real wages.

Economics

In the Keynesian model, money demand is positively related to

A) income. B) interest rates. C) saving. D) aggregate supply.

Economics