This topic contains a solution. Click here to go to the answer

Author Question: From a point inside the production possibility frontier, a. more of one good can be produced only ... (Read 77 times)

Collmarie

  • Hero Member
  • *****
  • Posts: 569
From a point inside the production possibility frontier,
 a. more of one good can be produced only by sacrificing some output of another good.
 b. it is possible to increase production of both goods.
 c. it is impossible to increase production of either good with current resources and technology.
  d. increased output of both goods can only occur if the production possibility curve shifts outward.

Question 2

An unexpected decrease in aggregate demand results in an increase in real interest rates in the short run.
 a. True
  b. False
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Ahernandez18

  • Sr. Member
  • ****
  • Posts: 361
Answer to Question 1

b

Answer to Question 2

True




Collmarie

  • Member
  • Posts: 569
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


bigcheese9

  • Member
  • Posts: 333
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

For a complete list of videos, visit our video library