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Author Question: A point inside a nation's production possibilities curve can represent: a. a recession. b. an ... (Read 61 times)

panfilo

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on: Jun 30, 2018
A point inside a nation's production possibilities curve can represent:
 a. a recession.
  b. an increase in population size.
  c. an economic growth.
  d. a technological advancement.
  e. an improvement in living standards.

Question 2

The rule of rational choice is that in trying to make themselves better off, people alter their behavior if the expected marginal benefits to them from doing so ____ the expected marginal costs they will bear.
 a. exceed.
 b. equal.
 c. are less than.
  d. Either a. or b.


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hugthug12

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

a

Answer to Question 2

a


panfilo

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

amandalm

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Reply 3 on: Yesterday
Gracias!

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