Author Question: When resources are assigned to inappropriate tasks, that is, tasks for which they are not the best ... (Read 131 times)

Anajune7

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When resources are assigned to inappropriate tasks, that is, tasks for which they are not the best match, the result will be producing at a point
 
  A) where the slope of the PPF is positive.
  B) where the slope of the PPF is zero.
  C) inside the PPF.
  D) outside the PPF.

Question 2

As the price level falls and other things remain the same, real wealth ________ and ________.
 
  A) decreases; the short-run aggregate supply decreases
  B) decreases; the quantity of real GDP demanded decreases
  C) increases; aggregate demand increases
  D) increases; the quantity of real GDP demanded increases



bigsis44

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Answer to Question 1

C

Answer to Question 2

D



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