Which of the following is assumed when constructing a production possibilities curve?
A. the efficient use of resources
B. a fixed amount of resources
C. resources of a given quality
D. All of these are correct.
Answer: D
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A depreciation of the U.S. dollar
A) makes U.S. exports more expensive in terms of foreign currency and imports less expensive in terms of the dollar, increasing net exports. B) makes U.S. exports less expensive in terms of foreign currency and imports more expensive in terms of the dollar, increasing net exports. C) makes U.S. exports less expensive in terms of foreign currency and imports more expensive in terms of the dollar, decreasing net exports. D) makes U.S. exports more expensive in terms of foreign currency and imports less expensive in terms of the dollar, decreasing net exports.
Federal tax legislation makes it cheaper for individuals and families to pay for health care
a. by purchasing an insurance policy through their employer rather than paying for it directly with their own money. b. by purchasing an insurance policy through their employer rather than directly purchasing health insurance from the company of their choice. c. directly rather than through an insurance policy offered through their employer. d. by both a and b above.