Economic growth appears on a production possibilities curve as

A) the curve shifting out away from the origin.
B) the curve shifting in toward the origin.
C) a change in the slope of the curve.
D) the points outside the production possibilities curve.

A

Economics

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A Treasury bill with an original maturity of six months currently sells for $972.58. The bill was issued 30 days ago. An investor who purchases this bill today would have a bond equivalent yield of __________ percent

A) 6.49 B) 6.77 C) 5.58 D) 5.65

Economics

Refer to Figure 6.1. At point A, the marginal product of labor is

A) rising. B) at its minimum. C) at its maximum. D) diminishing.

Economics