« previous next »

Author Question: The production possibilities curve illustrates: a. the minimum quantity of two resources necessary ... (Read 45 times)

Kthamas

  • Hero Member
  • *****
  • Posts: 546
on: Jun 30, 2018
The production possibilities curve illustrates:
 a. the minimum quantity of two resources necessary to produce a given level of output.
 b. that when resources are currently being used inefficiently, it is possible to increase production of one good only by sacrificing some of another good.
  c. that when resources are currently being used efficiently, it is possible to increase production of one good only by sacrificing some of another good.
  d. the minimum quantities of output that can be produced using available resources.

Question 2

Which of the following is likely to increase the equilibrium real interest rate?
 a. greater tax benefits for IRAs
 b. technological improvement creating profitable investment opportunities
  c. elimination of an investment tax credit for corporations
 d. an increased consumption tax


nyrave

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Processing—Mineral Resources Processing—Mineral Resources
Natural Resources and Industry Natural Resources and Industry
A dose-response curve describes the relationship between the quantity of the chemical entering the ... A dose-response curve describes the relationship between the quantity of the chemical entering the ...
Products like Beano contain enzymes that help reduce the production of gas in the large intestine Products like Beano contain enzymes that help reduce the production of gas in the large intestine
Production of ATP in Skeletal Muscle Production of ATP in Skeletal Muscle
Production of ABO blood group antigens Production of ABO blood group antigens
Video: Structures that affect circulation - kidneys and blood volume and skeletal muscle pumping

For a complete list of videos, visit our video library