Answer:
See Explanation
Explanation:
Given
The histogram
Required
The class width
The question is poorly formatted, as the histogram cannot be read. So, I will answer your question with the attached histogram
The class width is:
Using the first class, as reference:
So, the class width is:
Atleast 5 dollars because of how there is a limited supply of gasoline today
Based on the PPF of the country, if the country were to produce an additional 20 computers at that level, the opportunity cost would be 40 kg of wheat.
If a technological advancement allows for computers to be produced more efficiently, the PPF would expand outwards as shown in the attachment.
<h3>What would be the opportunity cost?</h3>
At the point where this country can produce 10 computers, the amount of wheat it can produce is 400 kg wheat.
If it produces 20 more computers, it will move to the point where it can produce 30 computers and 360 kg of wheat. Opportunity cost would be:
= 400 - 360
= 40 kg wheat.
<h3>What happens due to a technological advancement?</h3>
When there is an improvement in technology, the production capacity of a nation increases. This leads to the production possibilities frontier expanding outward.
Find out more on the production possibilities frontier at brainly.com/question/26685094.
Answer:
C. more than $300 billion.
Explanation:
As it is given that
Decrease in government purchase by $300 billion
Tax increased by $300 billion
Based on this we can interpret that if there is a more decrease in gross domestic product which leads to the decrease in government expenditure or the government tax is increased is because of multiplier effect as it shows the positive relationship between the spending and the final income
Therefore, the third option is correct
Hence, the above statement is false
