This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Suppose the economy is initially experiencing a recessionary ga A) a reduction in the size of the ... (Read 96 times)

APUS57

  • Hero Member
  • *****
  • Posts: 571
on: Jun 30, 2018
Suppose the economy is initially experiencing a recessionary ga
 
  A) a reduction in the size of the recessionary gap and increase in real GDP.
  B) an increase in the size of the recessionary gap and decrease in real GDP.
  C) an inflationary ga

Question 2

Consider two individuals, Nigel and Mia, who produce hair pins and bandanas. Nigel's and Mia's hourly productivity are shown in Table 3.3. Mia's opportunity cost of producing one bandana is
 
  A) 1/3 of a hair pin. B) 2.5 hair pins. C) 3 hair pins. D) 9 hair pins.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

hanadaa

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

C


APUS57

  • Hero Member
  • *****
  • Posts: 571
Reply #2 on: Jun 30, 2018
Thank you :)


hanadaa

  • Sr. Member
  • ****
  • Posts: 339
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Mechanical ventilation may be necessary for clients experiencing respiratory alkalosis Mechanical ventilation may be necessary for clients experiencing respiratory alkalosis
China's proposed supercollider plans to be twice the size of the Large Hadron Co China's proposed supercollider plans to be twice the size of the Large Hadron Co
The cranium of a young infant changes dramatically in shape with age. Initially the child has severa The cranium of a young infant changes dramatically in shape with age. Initially the child has severa
Genome size Genome size
Analogies for estimating portion size Analogies for estimating portion size
Human mitotic metaphase chromosomes are identified by size, centromere location, and banding pattern Human mitotic metaphase chromosomes are identified by size, centromere location, and banding pattern
Video: What is an ecosystem?

For a complete list of videos, visit our video library