« previous next »

Author Question: How much a country's economy will produce at its potential output is also called: a. the trough of ... (Read 73 times)

Yi-Chen

  • Hero Member
  • *****
  • Posts: 550
on: Jun 30, 2018
How much a country's economy will produce at its potential output is also called:
 a. the trough of the business cycle.
  b. its economic welfare.
 c. the trend line.
 d. the natural rate of output.

Question 2

A combination of two goods which lies beyond the production possibilities curve indicates:
 a. underutilization of resources.
 b. overutilization of resources.
 c. constant opportunity costs.
 d. a combination that cannot be produced with existing resources.
  e. society's most preferred combination of two goods.


Ahernandez18

  • Sr. Member
  • ****
  • Posts: 361
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Activating a gene to produce “marathon mice.” Activating a gene to produce “marathon mice.”
Dish from Ecuador called "Cuy" Dish from Ecuador called "Cuy"
The energy input and output of glycolysis. The energy input and output of glycolysis.
Page from a copy of Nizami's Khamseh (Quintet) illustrating a princely country feast, Persian, ... Page from a copy of Nizami's Khamseh (Quintet) illustrating a princely country feast, Persian, ...
Action potential conduction in unmyelinated axons. Action potential conduction in unmyelinated axons.
Suppose a country imports televisions. The country's supply and demand curves are shown in ... Suppose a country imports televisions. The country's supply and demand curves are shown in ...
Video: Integumentary Anatomy

For a complete list of videos, visit our video library