If one is producing well within a production possibilities ...

[Pineappleeh]

If one is producing well within a production possibilities frontier, they are
 
  A) using resources to the best of their ability.
  B) using resources at the lowest opportunity cost.
  C) using resources in an inefficient way.
  D) using resources in a way that maximizes their comparative advantage.

Question 2

The monetary multiplier is 3 and the change in the monetary base is 100,000. How much will the quantity of money increase?
 
  A) 300,000
  B) 200,000
  C) 100,000
  D) 70,000
  E) 33,333

[patma1981]

Answer to Question 1

C

Answer to Question 2

A

[Pineappleeh]

Thanks for the timely response, appreciate it

[bdobbins]

YES! Correct, THANKS for helping me on my review