When technological progress occurs, the production possibilities curve
a. shifts inwards to the left
b. becomes flatter in one end and steeper at the other end
c. becomes steeper
d. shifts outwards to the right
e. does not change
D
Economics
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Historically barriers to development in the U.S., such as the dry deserts of some of the country's western states, have been solved by
(a) only government action. (b) only private action. (c) a blend of government and private actions. (d) foreign expertise.
Economics
Each Federal Reserve Bank
a. is directly responsible to the U.S. president. b. is controlled by its own Board of Governors. c. lacks autonomy. d. handles a district of equal geographic size.
Economics