Which of the following will shift the supply curve for USB flash drives to the right?
A. an increase in the number of sellers
B. an increase in consumers' incomes
C. an increase in the cost of resources used to manufacture USB flash drives
D. an increase in the number of buyers
Answer: A
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Refer to the figure above. What is the opportunity cost of producing one computer program?
A) 0.2 Web sites B) 5 Web sites C) 8 Web sites D) 12 Web sites
The claim that inflation is necessary for development is based on the idea that
a. rapidly rising demand is necessary to spur productive activity b. the problems brought on by inflation will attract foreign aid c. the process of structural change naturally forces prices up in some sectors, while other sectors'prices do not fall d. higher prices will force people to work harder e. none of the above