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Darya [45]
3 years ago
12

There is a production possibilities frontier (PPF) that shows the combinations of goods X and Y that can be produced in the econ

omy. The point where the PPF touches the good-X axis is at 40 units of good X and the point where the PPF touches the good-Y axis is at 60 units. As a result of an increase in resources that can be used for the production of only good Y, the PPF
a. shifts leftward, and the point at which the PPF touches the good-X axis has to be something less than 40 units of good X.
b. shifts rightward, and the point at which the PPF touches the good- X axis has to be something more than 40 units of good X and the point at which the PPF touches the good-Y axis has to be something more than 60 units.
c. shifts leftward, and the point at which the PPF touches the good-X axis has to be something less than 40 units of good X and the point at which the PPF touches the good-Y axis has to be something less than 60 units.
d. shifts rightward, and the point at which the PPF touches the good- X axis is at 40 units of good X and the point at which the PPF touches the good-Y axis has to be something more than 60 units.
e. none of the above
Business
1 answer:
vampirchik [111]3 years ago
3 0

Answer:

d. shifts rightward, and the point at which the PPF touches the good- X axis is at 40 units of good X and the point at which the PPF touches the good-Y axis has to be something more than 60 units

Explanation:

The production possibility frontier is a curve that shows the two combinations of goods and services produced in an economy when all its resocurces are fully employed.

The production possibility frontier is downward sloping. It shows that as more of one product is produced, less of the other product would be produced.

The production possibility frontier shifts outward as a result of increase in available resources or technological advancement.

An increase in resources that can be used for the production of only good Y, shifts the ppf outward, to the right. More of good Y would he produced and the production of good X would remain unchanged.

I hope my answer helps you

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Suppose that in a country with a closed economy, income is 256, consumption is 149, investment is 63, taxes are 78, and transfer
svetlana [45]

The value of public savings is 55

Public savings is government revenue less government spending. Government revenue source is usually taxes. Government spending includes transfer payments and amounts expended on public projects.

Public savings = taxes - transfer savings

78 - 23 = 55

To learn more, please check: brainly.com/question/12981548

5 0
2 years ago
Which situation best describes the role of businesse in the circular flow of goods
Lyrx [107]
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3 0
4 years ago
The towns of Jekyll and Hyde each have a labor force of 2,000 people. In Jekyll, 500 people were unemployed for the entire year,
zloy xaker [14]

Answer:

D) 12;3

Explanation:

The average duration of unemployment in Jekyll is 12 month and 3 months in Hyde. The total employees in Jekyll are 2000 out of which 500 are not employed during the entire year. The calculation will be as,  

For Jekyll town,

(500 unemployed labors * 12 months) / 500 unemployed employees

= 12 months.

For Hyde town,

(2000 employees * 3 month unemployed) / 2000 employees  

= 3 months.

7 0
3 years ago
How does a weak currency give a country an unfair advantage in trade?.
harina [27]

Answer:

From the countries point of view with the weaker currency, their goods are relatively cheaper to other countries, and other countries goods are relatively more expensive to this country (Say Country A) as they have a weaker currency.

From the point of view of Country B, with a stable currency, Country A's goods are relatively cheaper because they have a weaker currency.

Due to this scenarios, Country B will export less to Country A than import because Country B will be buying more of Country A's product as it is relatively cheaper. It will export less to Country A because Country B's products are relatively more expensive to Country A due to their weak currency.

6 0
3 years ago
Label each scenario below according to the type of financial asset described.
PSYCHO15rus [73]

Answer:

SCENERIO 1=BOND

SCENERIO 2=LOAN

SCENERIO 3=STOCK

SCENERIO 4=SECURITIES WHICH ARE GUARANTEED BY LOANS

SCENERIO 5=LOAN

Explanation:

Bond is a type of loan or a financial instrument through which large corporations or Government Institutions borrow money from the public with the aim of paying with a fixed interest rate in a given period.

A Loan is amount requested by an organisation from a financial institution with the aim of paying back with some percentage of interest over a given period of time.

Stocks are also known as shares which forms parts of a particular Company sold to the public with the aim of raising capital, SHARES OR STOCK HOLDERS HAVE CERTAIN RIGHTS TO DIVIDEND AND VOTING TO REPLACE BIARD NENBERS ETC WHEN THE NEED ARISE IN THE ORGANISATION.

4 0
4 years ago
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