Which of the following is true about the production possibilities curve when a technological progress occurs? The curve:

a. shifts inwards to the left.
b. becomes flatter at one end and steeper at the other end.
c. becomes steeper.
d. shifts outward to the right.
e. does not change.

d

Economics

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Which of the following African countries has experienced widespread death and destruction due to ethnic or clan based conflict in the previous decade?

a. Rwanda b. Sudan c. Somalia d. all of the above

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Another name for the "Chain Store Act" is

A) the Sherman Antitrust Act of 1890. B) the Clayton Act of 1914. C) the Federal Trade Commission Act of 1914. D) the Robinson-Patman Act of 1936.

Economics