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Author Question: Consider the PPF for office buildings and housing shown in the figure above. Which point in the ... (Read 89 times)

EY67

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on: Jun 29, 2018
Consider the PPF for office buildings and housing shown in the figure above. Which point in the diagram shows that resources to produce office buildings and housing are being misallocated, unused, or both?
 
  A) point F
  B) point G
  C) point H
  D) point I

Question 2

Assume that there is an increased demand in the United States for European wines. If all other factors are held constant, this change will result in
 
  A) an increase in the exchange rate for euros.
  B) an appreciation of the dollar.
  C) a movement along the demand curve for euros.
  D) a decrease in the value of the euro.


atrochim

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

A

Answer to Question 2

A


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EY67

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Reply #2 on: Jun 29, 2018
Thank you :)


atrochim

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Reply #3 on: Jun 29, 2018
Happy to help you


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