Economic growth shifts a society's production possibility frontier away from the origin.

Jose owns a local coffee shop. When Jose calculates how his total revenue changes in response to hiring an extra worker, Jose is calculating the

A) marginal revenue. B) value of marginal product of labor. C) marginal product of labor. D) total revenue.

When recessions occur, advocates of small government should recommend

A. reductions in the number of federal employees. B. reductions in transfer payments. C. reductions in taxes. D. increases in transfer payments and government spending.