The slope of the typical production possibilities curve:
A. is positive.
B. increases as one moves southeast along the curve.
C. is constant as one moves down the curve.
D. decreases as one moves southeast along the curve.
Answer: B
Economics
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All of the following are functions of the Federal Reserve System (the Fed) EXCEPT
A) supplying currency. B) lender of last resort for consumers. C) check clearing. D) regulation of the money supply.
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Why might stockholders be upset to find out that their company's profits that otherwise would have been distributed as dividends are instead invested in U.S. Treasury bonds?
What will be an ideal response?
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