When the production possibility frontier shifts out relatively ...

[segrsyd]

When the production possibility frontier shifts out relatively more in one direction, we have
 
  A) biased growth.
  B) unbiased growth.
  C) immiserizing growth.
  D) balanced growth.
  E) imbalanced growth.

Question 2

The Basel Capital Accord does NOT include
 
  A) requiring bank owners to invest into and have some capital ownership in the banks they own.
  B) supervision of banks by an oversight board.
  C) information disclosure designed to encourage market discipline.
  D) denying access to foreign capital by a country that defaults on its international loans.
  E) None of the above.

[LVPMS]

Answer to Question 1

A

Answer to Question 2

D

[segrsyd]

Correct answers!

[LVPMS]

Great! Please up vote