The most common form of business organization, as far as the number of such firms in business, is the

Which of the following is a discretionary fiscal policy action?

A) a progressive tax system that leads to an increase in income tax revenues during an economic boom B) a deliberate tax cut when the economy experiences high unemployment C) an increase in the amount of unemployment compensation because more people become unemployed D) an increase in Supplemental Security Income payments when more people become eligible for the benefits

A production possibilities curve has "good X" on the horizontal axis and "good Y" on the vertical axis. On this diagram, the opportunity cost of good X, in terms of good Y, is represented by the:

A. distance to the curve from the horizontal axis. B. distance to the curve from the vertical axis. C. distance from the origin to the curve. D. change in Y for each change in X along the curve.