The slope of the production possibilities curve is A) positive ...

[wrbasek0]

The slope of the production possibilities curve is
 
  A) positive and increasing.
  B) the opportunity cost of one good in terms of the other.
  C) positive and decreasing.
  D) positive.

Question 2

If the nominal interest rate is 2 percent and the inflation rate is 4 percent, then the real rate of interest is
 
  A) -2 percent. B) 2 percent. C) 3 percent. D) 6 percent.

[kbennett34]

Answer to Question 1

B

Answer to Question 2

A

[wrbasek0]

Thank you

[kbennett34]

Happy to help you