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

Author Question: The unattainable points in a production possibilities diagram are A) the points outside the ... (Read 68 times)

joesmith1212

  • Hero Member
  • *****
  • Posts: 549
on: Jun 29, 2018
The unattainable points in a production possibilities diagram are
 
  A) the points outside the production possibilities frontier.
  B) the points of the horizontal and vertical intercepts.
  C) the points within the production possibilities frontier.
  D) the points along the production possibilities frontier.

Question 2

Refer to Table 8-31. The table above represents hypothetical data from the National Income Accounts for 2015. Use the data to calculate personal income and disposable personal income.
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

taylorsonier

  • Sr. Member
  • ****
  • Posts: 377
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

Personal Income = National income - Retained earnings + Transfer payments + Interest on government bonds.
Substituting the table values:
Personal Income = 7,400 - 480 + 1,000 + 450
= 8,370 billion.

Disposable personal income = Personal Income - Personal Taxes
= 8,370 - 1,100 = 7,270 billion.


joesmith1212

  • Member
  • Posts: 549
Reply 2 on: Jun 29, 2018
:D TYSM

bblaney

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Mitosis + Check Points 5 of 5 Mitosis + Check Points 5 of 5
A simplified diagram of the Human Ear A simplified diagram of the Human Ear
Diagram of a Nephron Diagram of a Nephron
Krebs Cycle Diagram Krebs Cycle Diagram
Production of monoclonal antibodies Production of monoclonal antibodies
Nonshivering heat production Nonshivering heat production
Video: Introduction to Autism

For a complete list of videos, visit our video library