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Author Question: The slope of the production possibilities curve is A) positive and increasing. B) the ... (Read 97 times)

wrbasek0

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on: Jun 30, 2018
The slope of the production possibilities curve is
 
  A) positive and increasing.
  B) the opportunity cost of one good in terms of the other.
  C) positive and decreasing.
  D) positive.

Question 2

If the nominal interest rate is 2 percent and the inflation rate is 4 percent, then the real rate of interest is
 
  A) -2 percent. B) 2 percent. C) 3 percent. D) 6 percent.


kbennett34

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

A


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wrbasek0

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Reply #2 on: Jun 30, 2018
Thank you :)


kbennett34

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Reply #3 on: Jun 30, 2018
Happy to help you


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