Question

Which one of the following is a positive statement? A. The Fed has cut the key interest rate several times this year. O B. A tax cut should be better for stimulating the economy than a cut in the interest rate. O C. The Fed should not have cut the interest rate so frequently. O D. All these interest rate cuts should have helped the economy.
The only way that a society can produce outside the production possibilities curve is O A. by producing efficiently O B. by obeying the Law of Increasing Relative Cost. O c. to use the concept of opportunity cost. O D. through economic growth. Click to select your answer.
h a decentralized decision making process? O A. market system OB. dictatorship OC.command and control D. mixed economic system
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Answer #1

Ans) the correct option is a) the fed has cut the key interest rate several times this year

Ans) the correct option is d) through economic growth

Ans) the correct option is a) market system

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