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Author Question: Refer to Figure 2-3. Carlos Vanya grows tomatoes and strawberries on his land. A portion of his land ... (Read 254 times)

B

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on: Jun 29, 2018
Refer to Figure 2-3. Carlos Vanya grows tomatoes and strawberries on his land. A portion of his land is more suitable for growing tomatoes and the other portion is better suited for strawberry cultivation.
 
  Which of the graphs in Figure 2-3 represent his production possibilities frontier?
  A) Graph A
  B) Graph B
  C) Graph C
  D) either Graph A or Graph B
  E) either Graph B or Graph C

Question 2

An increase in the interest rate should ________ the demand for dollars and the value of the dollar, and net exports should ________.
 
  A) increase; increase
  B) increase; decrease
  C) decrease; decrease
  D) increase; not change
  E) decrease; increase


akudia

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


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