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

Author Question: In a production possibilities frontier graph, the cost of producing more units of a good is measured ... (Read 67 times)

mydiamond

  • Hero Member
  • *****
  • Posts: 804
on: Jun 29, 2018
In a production possibilities frontier graph, the cost of producing more units of a good is measured by the
 
  A) dollar value of the additional output.
  B) area in the arc between the PPF and a straight line drawn between the starting point and the ending point.
  C) dollar value of the resources used to produce the good.
  D) amount of the other good or service that must be forgone.
  E) None of the above answers is correct.

Question 2

In the figure above, what happens if the Fed increases the quantity of money by 8 percent?
 
  A) The interest rate rises to 1.08.
  B) The value of money rises to 1.08.
  C) The value of money falls to 0.92 and there is a movement downward along the LRMD.
  D) The LRMD curve shifts rightward to restore equilibrium.
  E) The price level falls to 1.08.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nmyers

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


mydiamond

  • Member
  • Posts: 804
Reply 2 on: Jun 29, 2018
Wow, this really help

mcabuhat

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

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?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

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.

Primary production is positively correlated with the evapotranspiration rate. Primary production is positively correlated with the evapotranspiration rate.
Activation energy graph Activation energy graph
General structure of eukaryotic pre-rRNA transcription units General structure of eukaryotic pre-rRNA transcription units
The original Supply and Demand graph The original Supply and Demand graph
Finding the graph of a Parabola using certain values Finding the graph of a Parabola using certain values
The production of a new allopolyploid species The production of a new allopolyploid species
Video: Hierarchical Sequencing Method - Sequence Tagged Sites

For a complete list of videos, visit our video library