A technological change ________ and a change in the capital stock ________
A) shifts the productivity curve; shifts the productivity curve
B) shifts the productivity curve; creates a movement along the productivity curve
C) creates a movement along the productivity curve; shifts the productivity curve
D) does not change the productivity curve; creates a movement along the productivity curve
E) does not change the productivity curve; shifts the productivity curve
B
You might also like to view...
When government outlays are less than tax revenues, the government has
A) a budget with a negative debt. B) a budget deficit. C) a budget with a positive balance. D) an illegal budget because outlays must exceed tax revenues. E) a budget surplus.
Which of the following assets yields a 0 percent return?
A) U.S. Treasury Bills B) Excess reserves C) Deposits with correspondent banks D) Municipal bonds