Refer to the information provided in Figure 2.5 below to answer the question(s) that follow. Figure 2.5Refer to Figure 2.5. The marginal rate of transformation in moving from Point B to Point A is

The factor that ultimately determines the change in the stock of capital, the level of real wages, and the output of an economy is

A) GDP. B) the labor force. C) the unemployment level. D) net investment.

When the demand for a good is perfectly elastic, ________

A) total revenue is as large as possible B) the demand curve for the good is vertical C) the price elasticity of demand is infinite D) the price elasticity of demand is zero