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Author Question: Which of the following statements regarding the production possibilities frontier is TRUE? A) ... (Read 53 times)

mckennatimberlake

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on: Jun 29, 2018
Which of the following statements regarding the production possibilities frontier is TRUE?
 
  A) Points outside the frontier are attainable.
  B) Points inside the frontier are attainable.
  C) Points on the frontier are less efficient than points inside the frontier.
  D) None of the above because all of the above statements are false.

Question 2

Which of the following characteristics is a precondition for economic growth? i. economic freedom ii. free markets iii. active government policy to discourage saving
 
  A) i only
  B) ii only
  C) iii only
  D) Both i and ii
  E) Both ii and iii


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Athena23

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

B

Answer to Question 2

D


mckennatimberlake

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Reply 2 on: Jun 29, 2018
:D TYSM

amandalm

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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