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Author Question: When all of the available factors of production are being efficiently employed, the A) economy is ... (Read 57 times)

anjilletteb

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When all of the available factors of production are being efficiently employed, the
 
  A) economy is producing at a point within its PPF.
  B) economy is producing at a point on its PPF.
  C) economy is producing at a point beyond its PPF.
  D) PPF disappears.
  E) opportunity cost of changing production is infinite.

Question 2

The more generous unemployment benefits are, the ________ the unemployment rate remains and the ________ the time frame people tend to remain unemployed.
 
  A) higher; longer
  B) higher; shorter
  C) lower; longer
  D) lower; shorter



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Expo

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Answer to Question 1

B

Answer to Question 2

A




anjilletteb

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


bassamabas

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Reply 3 on: Yesterday
:D TYSM

 

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