9.
The production possibilities schedule shows
a. the resources available to the
economy.
b. the maximum combinations of inputs.
c. the maximum combinations of outputs
that can be produced with existing capacity.
d. Marx’s transformation problem.
e. all of the above.
11.
A factor is classified as a policy factor if
a.it is decided upon by politicians.
b.that policy is inherent to the
economic system.
c.it coincides with the system’s
environmental factors.
dthe factor can be changed without
changing the economic system.
e. none of the above.
12.
Which of the following statements is nottrue about Marx’s theory of
capitalism?
a. Labor is the sole source of surplus
value.
b. There is an inherent tendency in
industry to substitute labor with fixed capital.
c. Employers can compel workers to
produce more than the value of their labor.
d.
all
the statements are true.