Author Question: Unemployment or underemployment of labor might explain why an economy would be operating inside its ... (Read 60 times)

kodithompson

  • Hero Member
  • *****
  • Posts: 566
Unemployment or underemployment of labor might explain why an economy would be operating inside its production possibilities curve (PPC).
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Marginal analysis examines the effects of additions to or subtractions from a current situation.
 a. True
  b. False
  Indicate whether the statement is true or false



zacnyjessica

  • Sr. Member
  • ****
  • Posts: 345
Answer to Question 1

True

Answer to Question 2

True



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

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

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

For a complete list of videos, visit our video library