Author Question: Refer to the figure above, which shows a country's possible production possibility frontiers and ... (Read 90 times)

fasfsadfdsfa · **on:** Jun 30, 2018

Refer to the figure above, which shows a country's possible production possibility frontiers and indifference curves. If the country is producing at ________, then moving to ________ will cause utility to ________.

A) point c; point b; remain unchanged
B) point a; point b; increase
C) point c; point b; increase
D) point c; point b; decrease
E) point a; point c; remain unchanged

Question 2

A lender of last resort

A) makes loans when no one else will.
B) makes loans without regard for risk.
C) is a firm that is forced to make loans for its own survival.
D) Both A and B.
E) None of the above.