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Author Question: The production possibilities frontier is a boundary that separates A) fair combinations of goods ... (Read 82 times)

leo leo

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on: Jun 29, 2018
The production possibilities frontier is a boundary that separates
 
  A) fair combinations of goods and services that can be consumed from unfair ones.
  B) the combinations of goods that can be produced from the combinations of services.
  C) attainable combinations of goods and services that can be produced from unattainable ones.
  D) affordable production points from unaffordable points.
  E) equitable combinations of goods and services that can be produced from inequitable ones.

Question 2

Cyclical unemployment is
 
  A) the total of structural and frictional unemployment.
  B) created by a recession.
  C) part of frictional unemployment.
  D) higher when the economy is expanding.
  E) always greater than the total of structural and frictional unemployment.


SAUXC

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

C

Answer to Question 2

B


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