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Author Question: While producing on the production possibilities frontier, if additional units of a good could be ... (Read 154 times)

LaDunn

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While producing on the production possibilities frontier, if additional units of a good could be produced at a constant opportunity cost, the production possibilities frontier would be
 
  A) bowed outward.
  B) bowed inward.
  C) positively sloped.
  D) a straight line.

Question 2

Suppose a deposit in New York earns 6 percent a year and a deposit in London earns 4 percent a year. Interest rate parity holds if the
 
  A) U.S. dollar appreciates by 2 percent a year.
  B) U.S. dollar depreciates by 2 percent a year.
  C) U.K. pound depreciates by 2 percent a year.
  D) None of the above answers is correct because interest rate parity requires that the interest rates be the same in both countries.



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LVPMS

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Answer to Question 1

D

Answer to Question 2

B




LaDunn

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


meow1234

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

 

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