This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: After Hurricane Katrina devastated parts of Mississippi and New Orleans in 2005, we can be sure that ... (Read 330 times)

kwoodring

  • Hero Member
  • *****
  • Posts: 560
on: Jun 29, 2018
After Hurricane Katrina devastated parts of Mississippi and New Orleans in 2005, we can be sure that the production possibilities frontier for that area temporarily
 
  A) shifted inward, toward the origin.
  B) shifted outward, away from the origin.
  C) became flatter.
  D) became steeper.

Question 2

How does microeconomics differ from macroeconomics?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

essyface1

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

Microeconomics is the study of how individuals, households, firms, and governments make choices, and how those choices affect prices, the allocation of resources, and the well-being of other agents. On the other hand, macroeconomics is the study of the economy as a whole. The scope of macroeconomics extends to the study of economy-wide phenomena, like the growth rate of an economy, the nation-wide unemployment rate, or the inflation rate.


kwoodring

  • Member
  • Posts: 560
Reply 2 on: Jun 29, 2018
:D TYSM

Hdosisshsbshs

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Parts of the stethoscope Parts of the stethoscope
In 2005 historian Angela Lakwete used this print as the cover of Inventing the C In 2005 historian Angela Lakwete used this print as the cover of Inventing the C
Downtown New Orleans after Hurricane Katrina. Downtown New Orleans after Hurricane Katrina.
Parts of a syringe. Parts of a syringe.
Hurricane Structure Hurricane Structure
The Basic Parts of a Neuron The Basic Parts of a Neuron
Video: How proteins function? How do proteins work?

For a complete list of videos, visit our video library