Which of the following is the best example of two inputs that would exhibit a constant marginal rate of technical substitution?

A) trucks and truck drivers
B) natural gas and oil
C) personal computers and clerical workers
D) company-employed computer programmers and temporary supplemental computer programmers

B

Economics

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Hyperinflation occurs when

A) the inflation rate rises. B) the inflation rate declines. C) the inflation rate is extremely high. D) the inflation rate is extremely low.

Economics

Between 1945 and 1980, the national debt

a. as a percentage of GDP increased b. as a percentage of GDP decreased c. as a percentage of GDP remained relatively constant d. in dollar terms declined e. in dollar terms remained constant

Economics