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Author Question: Which of the following is assumed when constructing a production possibilities curve? A) a fixed ... (Read 121 times)

evelyn o bentley

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on: Jun 29, 2018
Which of the following is assumed when constructing a production possibilities curve?
 
  A) a fixed amount of resources
  B) the efficient use of resources
  C) resources of a given quality
  D) All of the above are correct.

Question 2

A person quits her job in order to spend time looking for a better paying job. This is an example of
 
  A) frictional unemployment.
  B) cyclical unemployment.
  C) seasonal unemployment.
  D) structural unemployment.


kaillie

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

D

Answer to Question 2

A


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