Question

payment for financial capital is called ____________.
o interest
o rate of return
o principal
o interest rate

question 11 2 pts
which of the following would most likely shift the production possibilities curve inward?
o an increase in the number of hours factories are in use
o a decrease in the average number of hours worked per week as the labor force chooses to enjoy more leisure time
o an increase in the production of capital goods
o technological progress

Explanation:

For the first question, interest is the payment for the use of financial capital. For the second question, a decrease in the average number of hours worked per week as the labor - force chooses more leisure time reduces the available labor input, which in turn shifts the production possibilities curve inward as less output can be produced overall.

Answer:

First question: interest
Second question: a decrease in the average number of hours worked per week as the labor force chooses to enjoy more leisure time