A production possibilities curve indicates that when resources are being used efficiently,
a. you can only produce more of one good only if you lower its price.
b. you can only produce more of one good only if you produce more of another good.
c. you can only produce more of one good only if you produce less of another good.
d. it is impossible to expand the total output of goods over time.
C
Economics
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The Chairman of the Fed is appointed by ________
A) the Board of Governors of the Federal Reserve System B) the President of the United States C) Congress D) the U.S. Senate
Economics
Use the graph below to explain the inflationary expenditure gap.
What will be an ideal response?
Economics