There are approximately ______ banks in the U.S

A production possibilities curve is plotted for a nation producing chairs and tables. Which of the following will cause a parallel shift in the production possibilities curve?

A) An intensive training program that increases the productivity of employees engaged in the production of tables B) An intensive training program that increases the productivity of employees engaged in the production of chairs C) An increase in the price of both chairs and tables D) An increase in the availability of raw materials required for the production of both chairs and tables

Decreasing returns to capital (K) implies that a 4% increase in K will cause

A) a reduction in output per worker (Y/N). B) a reduction in K/N. C) Y to increase by exactly 4%. D) Y to increase by less than 4%. E) no change in Y/N.