Fred and Ann are both given free tickets to see a movie. Both decide to see the same movie. We know that
A) both bear an opportunity cost of seeing the movie because they could have done other things instead of seeing the movie.
B) both bear the same opportunity cost of seeing the movie because they are doing the same thing.
C) it is not possible to calculate the opportunity cost of seeing the movie because the tickets were free.
D) the opportunity cost of seeing the movie is zero because the tickets were free.
A
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Refer to Table 8-17. What is nominal GDP in 2016?
A) $3,320 B) $3,690 C) $6,360 D) $7,035
The slowdown in labor productivity growth from 1973 to 1995 ________ matched by a similar slowdown in MFP growth, suggesting that the growth rate of capital had ________ to do with the productivity problem
A) was, much B) was, little C) was not, much D) was not, little