This topic contains a solution. Click here to go to the answer

Author Question: Which of the following statements regarding the production possibilities frontier is TRUE? A) ... (Read 52 times)

mckennatimberlake

  • Hero Member
  • *****
  • Posts: 559
Which of the following statements regarding the production possibilities frontier is TRUE?
 
  A) Points outside the frontier are attainable.
  B) Points inside the frontier are attainable.
  C) Points on the frontier are less efficient than points inside the frontier.
  D) None of the above because all of the above statements are false.

Question 2

Which of the following characteristics is a precondition for economic growth? i. economic freedom ii. free markets iii. active government policy to discourage saving
 
  A) i only
  B) ii only
  C) iii only
  D) Both i and ii
  E) Both ii and iii



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Athena23

  • Sr. Member
  • ****
  • Posts: 305
Answer to Question 1

B

Answer to Question 2

D




mckennatimberlake

  • Member
  • Posts: 559
Reply 2 on: Jun 29, 2018
Wow, this really help


xiazhe

  • Member
  • Posts: 331
Reply 3 on: Yesterday
Excellent

 

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

For a complete list of videos, visit our video library