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Author Question: Referring to Figure 19.2, a depreciation of the dollar is represented by a movement from point A) ... (Read 35 times)

mwit1967

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on: Jun 29, 2018
Referring to Figure 19.2, a depreciation of the dollar is represented by a movement from point
 
  A) a to c. B) c to a. C) c to d. D) b to a.

Question 2

Moving from a point inside the production possibilities frontier to a point on the production possibilities frontier, the opportunity cost of producing more of the good on the horizontal axis
 
  A) increases. B) is infinite. C) decreases. D) is 0. E) is constant.


cegalasso

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

A

Answer to Question 2

D


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