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

Author Question: Which of the following statements regarding the production possibilities frontier is TRUE? A) ... (Read 31 times)

mckennatimberlake

  • Hero Member
  • *****
  • Posts: 559
on: Jun 29, 2018
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
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


mckennatimberlake

  • Member
  • Posts: 559
Reply 2 on: Jun 29, 2018
Excellent

LegendaryAnswers

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Spain’s North American Frontier, c. 1750 Spain’s North American Frontier, c. 1750
Hubbard’s Predication of Peak in U.S Oil Production with Actual Data Hubbard’s Predication of Peak in U.S Oil Production with Actual Data
The production of electricity from coal is inefficient The production of electricity from coal is inefficient
As the world’s population continues to grow, demands on limited resources for food production As the world’s population continues to grow, demands on limited resources for food production
Production and Prices in Richland and Poorland Production and Prices in Richland and Poorland
Nonshivering heat production Nonshivering heat production
Video: Contraction and Relaxation Animation

For a complete list of videos, visit our video library