Author Question: The slope of a production possibilities frontier A) is always varying. B) measures the ... (Read 26 times)

maychende

  • Hero Member
  • *****
  • Posts: 556
The slope of a production possibilities frontier
 
  A) is always varying.
  B) measures the opportunity cost of producing one more unit of a good.
  C) has no economic relevance or meaning.
  D) is always constant.

Question 2

If the United States has a net export surplus, which of the following must be true?
 
  A) Domestic private saving must be greater than net foreign investment.
  B) Net foreign investment must be positive as well.
  C) Domestic public saving must be greater than net foreign investment.
  D) The balance on the financial account must equal the balance on the current account.



IRincones

  • Sr. Member
  • ****
  • Posts: 321
Answer to Question 1

B

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

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?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

For a complete list of videos, visit our video library