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Author Question: On a production possibilities diagram, points inside the frontier are: a. unattainable given ... (Read 71 times)

Yi-Chen

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on: Jun 30, 2018
On a production possibilities diagram, points inside the frontier are:
 a. unattainable given existing technology and resources.
  b. inefficient.
 c. efficient.
 d. efficient but not necessarily desirable.

Question 2

An unexpected increase in aggregate demand results in a decrease in real wages in the short run.
 a. True
  b. False
  Indicate whether the statement is true or false


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lin77x

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

True


Yi-Chen

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Reply 2 on: Jun 30, 2018
Gracias!

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Reply 3 on: Yesterday
Excellent

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