« previous next »

Author Question: Without trade, the consumption possibilities for two nations are: a. outside their production ... (Read 77 times)

Ebrown

  • Hero Member
  • *****
  • Posts: 567
on: Jun 30, 2018
Without trade, the consumption possibilities for two nations are:
 a. outside their production possibilities curve.
  b. inside their production possibilities curve.
  c. along their production possibilities curve.
  d. at a point equal to the world production possibilities curve.

Question 2

Real income is the purchasing power of nominal (money) income.
 a. True
  b. False
  Indicate whether the statement is true or false


stanleka1

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

True


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

A second jetliner approaches the south tower of the World Trade Center on September 11, 2001. The no A second jetliner approaches the south tower of the World Trade Center on September 11, 2001. The no
Wenda Gu, united nations—china monument: temple of heaven. Wenda Gu, united nations—china monument: temple of heaven.
Modern Predication of Peak in Global Oil Production Modern Predication of Peak in Global Oil Production
Per capita consumption of power is high in the developed world and highest in the United States Per capita consumption of power is high in the developed world and highest in the United States
Global energy consumption is rising rapidly Global energy consumption is rising rapidly
ATP Production in Cardiac Muscle ATP Production in Cardiac Muscle
Video: Protein catabolism - deamination

For a complete list of videos, visit our video library