« previous next »

Author Question: In the production possibilities model, the vertical axis measures ________ and the horizontal axis ... (Read 177 times)

Arii_bell

  • Hero Member
  • *****
  • Posts: 596
on: Jun 29, 2018
In the production possibilities model, the vertical axis measures ________ and the horizontal axis measures ________.
 
  A) people's wants; the quantity of a good or service
  B) the quantity of a good or service; time
  C) the price of a good or service; the price of another good or service
  D) the price of a good or service; the quantity of the good or service
  E) the quantity of a good or service; the quantity of another good or service

Question 2

An increase in potential GDP ________ aggregate supply and ________.
 
  A) decreases; shifts the AS curve rightward
  B) increases; shifts the AS curve rightward
  C) decreases; shifts the AS curve leftward
  D) increases; shifts the AS curve leftward
  E) has no effect on; does not shift the AS curve


yeungji

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jun 29, 2018
Answer to Question 1

E

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Vertical structuring of the oceans is associated with substantial variation in light and temperature Vertical structuring of the oceans is associated with substantial variation in light and temperature
In nest, under production In nest, under production
Eye Model Eye Model
A model of anxiety in which stressful events or a changing mental condition can produce unfavorable A model of anxiety in which stressful events or a changing mental condition can produce unfavorable
Dual Systems Model of Risk-Taking Dual Systems Model of Risk-Taking
Cloud Types: Vertical Development Cloud Types: Vertical Development
Video: Male Reproductive System - The gonadotropin releasing hormone

For a complete list of videos, visit our video library