This topic contains a solution. Click here to go to the answer

Author Question: Which of the following statements regarding the production possibilities frontier is TRUE? A) ... (Read 57 times)

mckennatimberlake

  • Hero Member
  • *****
  • Posts: 559
Which of the following statements regarding the production possibilities frontier is TRUE?
 
  A) Points outside the frontier are attainable.
  B) Points inside the frontier are attainable.
  C) Points on the frontier are less efficient than points inside the frontier.
  D) None of the above because all of the above statements are false.

Question 2

Which of the following characteristics is a precondition for economic growth? i. economic freedom ii. free markets iii. active government policy to discourage saving
 
  A) i only
  B) ii only
  C) iii only
  D) Both i and ii
  E) Both ii and iii



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Athena23

  • Sr. Member
  • ****
  • Posts: 305
Answer to Question 1

B

Answer to Question 2

D




mckennatimberlake

  • Member
  • Posts: 559
Reply 2 on: Jun 29, 2018
Gracias!


Perkypinki

  • Member
  • Posts: 339
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

For a complete list of videos, visit our video library