In the following production function, Y = f(K, NA), a 20% increase in A will cause which of the following variables to increase by 20%?

On an afternoon that a class meets, you could alternatively study for an exam that will take place in another class the next morning, go to a movie with a friend, or, most desirable to you at present, take a nap

The opportunity cost of attending the afternoon class is A) forgoing the nap. B) missing seeing the movie with your friend. C) giving up the time to study for the next morning's exam. D) being unable to engage in all three of the above activities.

Devaluation of a currency stimulates exports

Indicate whether the statement is true or false