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Author Question: Which of the following is NOT illustrated by a production possibilities frontier? A) scarcity B) ... (Read 39 times)

daltonest1984

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on: Jun 29, 2018
Which of the following is NOT illustrated by a production possibilities frontier?
 
  A) scarcity
  B) opportunity cost
  C) necessity for choice
  D) who gets the goods

Question 2

All the following statements about the Federal Reserve are true EXCEPT the fact that it ________.
 
  A) is a public authority
  B) regulates a nation's depository institutions
  C) accepts checking deposits from the nation's residents
  D) controls the quantity of money


hanadaa

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


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