The production possibilities frontier is a boundary that separates
A) fair combinations of goods and services that can be consumed from unfair ones.
B) the combinations of goods that can be produced from the combinations of services.
C) attainable combinations of goods and services that can be produced from unattainable ones.
D) affordable production points from unaffordable points.
E) equitable combinations of goods and services that can be produced from inequitable ones.
Question 2
Cyclical unemployment is
A) the total of structural and frictional unemployment.
B) created by a recession.
C) part of frictional unemployment.
D) higher when the economy is expanding.
E) always greater than the total of structural and frictional unemployment.
Oil and Natural Gas Production from More Wells in Smaller Areas
Ecosystem goods and services and monetary values
Western boundary currents form where gyres are confined by continents
World Crude Oil Production, 1900–2010
Convergent Boundary
The profit, p(t), made at a fair depends on the price of the ticket, t. The profit is modelled ...