In General, the More Resources That Are Devoted to Technological

question 13

Multiple Choice

In general, the more resources that are devoted to technological research, the

• A) faster the PPF shifts outward.
• B) greater is current consumption.
• C) more the PPF will bow outward.
• D) higher is the unemployment rate.

---

Definitions:

Voting Common Stock

A type of equity security that grants its holders the right to vote on corporate policies and the election of the board of directors.

Consolidation Accounting

A method of accounting in which the financial statements of a parent company and its subsidiaries are combined to present a single economic entity.

Common Stock

A type of equity security that represents ownership in a corporation, with rights to vote and share in profits through dividends.

Voting Stock

Shares of a company that grant the holder the right to vote on company matters, such as electing the board of directors.