This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A bowed out PPF reflects which of the following ideas? i. Increasing opportunity cost ii. ... (Read 94 times)

Capo

  • Hero Member
  • *****
  • Posts: 545
on: Jun 29, 2018
A bowed out PPF reflects which of the following ideas?
  i. Increasing opportunity cost
  ii. Resources are not equally productive in all activities.
  iii. Prices of goods increase over time.
 
  A) i and iii B) i, ii, and iii C) i and ii D) i only E) ii and iii

Question 2

If the current exchange rate is 1.00 euro per dollar and the expected exchange rate at the end of the month rises to 1.20 euros per dollar, then the demand for dollars ________ because people expect holding of dollars to become ________ profitable.
 
  A) decreases; more
  B) increases; less
  C) increases; more
  D) does not change; neither more nor less
  E) decreases; less


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

memslove

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


Capo

  • Member
  • Posts: 545
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

cpetit11

  • Member
  • Posts: 321
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

For millions of people, the United States represents a land of opportunity and freedom from ... For millions of people, the United States represents a land of opportunity and freedom from ...
For millions of people, the United States represents a land of opportunity and freedom from ... For millions of people, the United States represents a land of opportunity and freedom from ...
Infant formula is available in several forms and varies in cost and ingredients Infant formula is available in several forms and varies in cost and ingredients
Effect of Increasing the Investment Rate on the Steady State Effect of Increasing the Investment Rate on the Steady State
Increasing/decreasing Functions Increasing/decreasing Functions
A company that makes cell phones has the following cost structure. They have fixed costs of ... A company that makes cell phones has the following cost structure. They have fixed costs of ...
Video: Multiple Sclerosis Animation

For a complete list of videos, visit our video library