Multiple Choice
The economy's level of output depends upon (1) the
A) amount of land and capital available for labor to use and (2) the state of technology and types of inputs available
B) cost of land and capital and (2) the cost of labor
C) availability of land and (2) the availability of capital
D) state of technology and (2) the cost of land
E) state of technology and (2) the types of inputs available
Correct Answer:

Verified
Correct Answer:
Verified
Q167: Fiscal policy is a change in either
Q168: What major historical event led to the
Q169: Transfer payments,such as unemployment insurance and welfare,are
Q170: When a country runs a trade deficit,<br>A)
Q171: Which of the following is more of
Q173: If the government increases its spending or
Q174: The classical model is based on the
Q175: Fiscal policy is<br>A) a change in money
Q176: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3972/.jpg" alt=" -Refer to Figure
Q177: Which of the following lists represent leakages