Author Question: A production possibilities frontier with a ________ shape indicates increasing opportunity costs as ... (Read 92 times)

penguins · **on:** Jun 29, 2018

A production possibilities frontier with a ________ shape indicates increasing opportunity costs as more and more of one good is produced.

A) linear B) bowed outward
C) bowed inward D) perfectly horizontal

Question 2

If the balance on the current account is 346 billion and the balance on the financial account is -204 billion, what is the balance on the capital account, assuming no statistical discrepancy?

A) 550 billion B) 142 billion C) 0 D) -142 billion