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Author Question: What determines the position and shape of a society's production possibilities curve? a. the ... (Read 34 times)

JMatthes

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on: Jun 30, 2018
What determines the position and shape of a society's production possibilities curve?
 a. the physical resources of that society
 b. the level of technology of the society
 c. the number of factories available to the society
  d. all of the above

Question 2

The crowding-out effect indicates that increased government borrowing will lead to:
 a. an increase in consumption by households and an increase in investment spending by firms.
  b. an increase in consumption by households and a decrease in investment spending by firms.
  c. a decrease in consumption by households and an increase in investment spending by firms.
  d. a decrease in consumption by households and a decrease in investment spending by firms.


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efwsefaw

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

d


JMatthes

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

amandanbreshears

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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