Author Question: When resources are assigned to inappropriate tasks, that is, tasks for which they are not the best ... (Read 107 times)

Anajune7

  • Hero Member
  • *****
  • Posts: 574
When resources are assigned to inappropriate tasks, that is, tasks for which they are not the best match, the result will be producing at a point
 
  A) where the slope of the PPF is positive.
  B) where the slope of the PPF is zero.
  C) inside the PPF.
  D) outside the PPF.

Question 2

As the price level falls and other things remain the same, real wealth ________ and ________.
 
  A) decreases; the short-run aggregate supply decreases
  B) decreases; the quantity of real GDP demanded decreases
  C) increases; aggregate demand increases
  D) increases; the quantity of real GDP demanded increases



bigsis44

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

C

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

For a complete list of videos, visit our video library