A production point that lies outside the Production Possibilities ...

[ETearle]

A production point that lies outside the Production Possibilities Curve (PPC)
 
  A) denotes inefficiency.
  B) indicates unemployment.
  C) is currently not attainable.
  D) can never be reached, even in future periods.

Question 2

A one percentage point in the growth rate
 
  A) does not make much difference in the long run per capita real GDP.
  B) will not influence the real standard of living in a country.
  C) can make a big difference in the per capita real GDP because of urban congestion.
  D) can make a big difference in the per capita real GDP because of compounding.

[mtmmmmmk]

Answer to Question 1

C

Answer to Question 2

D

[ETearle]

Thanks for the timely response, appreciate it

[DylanD1323]

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