Author Question: Point D in the above PPF figure is A) an attainable production combination with unemployed ... (Read 60 times)

michelleunicorn

  • Hero Member
  • *****
  • Posts: 565
Point D in the above PPF figure is
 
  A) an attainable production combination with unemployed resources.
  B) a production combination that can be attained once resources are fully employed.
  C) an unattainable production combination.
  D) a tradeoff.
  E) More information is needed to determine which of the above answers is correct.

Question 2

Autonomous expenditure is the component of
 
  A) induced expenditure that changes when in real GDP changes.
  B) aggregate planned expenditure that changes only when government expenditure on goods and services change.
  C) aggregate expenditure that does not change when real GDP changes.
  D) aggregate expenditure that does not change when the interest rate changes.
  E) aggregate expenditure that changes when real GDP changes.



wergv

  • Sr. Member
  • ****
  • Posts: 365
Answer to Question 1

C

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

For a complete list of videos, visit our video library