Author Question: The above figure shows a nation's production function. Point B is ________ and ________ because ... (Read 45 times)

Evvie72

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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

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Answer to Question 1

E

Answer to Question 2

A



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