Author Question: The above figure shows a nation's production function. Point B is ________ and ________ because ... (Read 66 times)

Evvie72

  • Hero Member
  • *****
  • Posts: 519
The above figure shows a nation's production function. Point B is ________ and ________ because ________.
 
  A) unattainable; inefficient; the nation is using resources efficiently but they could be more efficient
  B) unattainable; inefficient; the nation is using resources inefficiently
  C) attainable; inefficient; the nation is using resources inefficiently
  D) unattainable; efficient; the nation would be using resources efficiently if they could attain this level of production
  E) attainable; efficient; the nation is using resources efficiently

Question 2

A decrease in the level of real GDP in the economy leads to
 
  A) a leftward shift in the demand for money curve.
  B) a rightward shift in the demand for money curve.
  C) a leftward movement along the demand for money curve.
  D) a rightward movement along the demand for money curve.



bhavsar

  • Sr. Member
  • ****
  • Posts: 351
Answer to Question 1

E

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

For a complete list of videos, visit our video library