Refer to the above figure. Given our current level of technology and resources, the unobtainable point(s) of production would be
A) points a and c.
B) point a.
C) point b.
D) point c.
B
You might also like to view...
What is the price of a coupon bond that has annual coupon payments of $85, a par value of $1000, a yield to maturity of 10%, and a maturity of three years?
A) $211.38 B) $898.84 C) $962.70 D) $1255.0
Which of the following is a source of inequality in incomes?
a. luck b. willingness to take risks c. differences in investment in human capital d. All of the above are correct.
Diego's annual income increased from $20,000 to $25,000 . If Diego faces a 40 percent effective marginal tax rate, the $5,000 increase in income will expand his disposable income by
a. $2,000. b. $3,000. c. $3,600. d. $5,000.
Assume that foreign capital flows from a nation increase due to political uncertainly and increased risk. If the nation has highly mobile international capital markets and a fixed exchange rate system, what happens to the quantity of real loanable funds per time period and reserves account in the context of the Three-Sector-Model? a. The quantity of real loanable funds per time period falls and
reserves account becomes more positive (or less negative). b. The quantity of real loanable funds per time period falls and reserves account remains the same. c. The quantity of real loanable funds per time period and reserves account remain the same. d. The quantity of real loanable funds per time period rises and reserves account remains the same. e. There is not enough information to determine what happens to these two macroeconomic variables.