An outward shift of an economy's production possibilities curve is caused by:
a. an increase in capital. b. an increase in labor.
c. an advance in technology. d. all of these.
d
Economics
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Which of the following is one of the functions of rental prices?
A) to redistribute income from landlords to renters B) to redistribute income from renters to landlords C) to signal to the local government when taxes on rental units should be increased D) to ration the use of existing housing for current consumers
Economics
Arbitrageur is someone who buys or sells foreign exchange in hopes of profiting from fluctuations in the exchange rate over time
Indicate whether the statement is true or false
Economics