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Author Question: A decrease in the quantity of available resources would be represented by: a. a steeper PPC. b. a ... (Read 111 times)

Beheh

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on: Jun 30, 2018
A decrease in the quantity of available resources would be represented by:
 a. a steeper PPC.
  b. a point inside the PPC.
  c. an inward shift of the PPC.
  d. an upward movement along the PPC.
  e. a downward movement along the PPC.

Question 2

The United States can benefit from voluntary trade
 a. only with nations that can produce goods the United States cannot produce.
  b. only with developing nations.
 c. only with nations in Europe.
 d. with any nation.


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Bison

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

c

Answer to Question 2

d


Beheh

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Reply #2 on: Jun 30, 2018
Thank you :)


Bison

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Reply #3 on: Jun 30, 2018
Happy to help you


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