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Author Question: An increase in the nation's capital stock will A) shift the PPF outward. B) cause a movement ... (Read 178 times)

Cooldude101

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on: Jun 29, 2018
An increase in the nation's capital stock will
 
  A) shift the PPF outward.
  B) cause a movement along the PPF up and to the left.
  C) cause a movement along the PPF down and to the right.
  D) move the nation from producing within the PPF to producing at a point closer to the PPF.

Question 2

When the demand curve shifts rightward and the supply curve shifts leftward, then the equilibrium price ________ and the equilibrium quantity ________.
 
  A) rises; decreases
  B) falls; increases
  C) rises; probably changes but the direction of the change cannot be determined
  D) probably changes but the direction of the change cannot be determined; increases


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mk6555

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

A

Answer to Question 2

C


Cooldude101

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Reply 2 on: Jun 29, 2018
Gracias!

mjenn52

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Reply 3 on: Yesterday
:D TYSM

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