Based on the PPC given, the points given would represent the following:
- Point B = Efficient use of resources.
- Point X = Impossible use of resources.
- Point A = Underutilized resources.
<h3>What do points on the PPC represent/</h3>
Points on the curve represent the efficient usage of resources because they show that all available resources are being used. Points B, C, and D are therefore all efficient.
Point X is impossible because all points outside of the PPC are not attainable due to a lack of resources. Point A shows that the available resources are not being fully utilized.
Options to describe the points:
- Efficient use of resources
- Under utilized resources
- Economic growth
- Trade-off
- Opportunity cost
Find out more on the PPC at brainly.com/question/2617319.
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Answer:
Marie est allee chez le medecin
Answer: False
Explanation:
A sudden stop refers to the sudden decline in net capital inflows in the economy from outside. This is a significant method by which the economy can have access to foreign exchange.
If the country therefore borrows internationally in foreign currencies whilst lending in domestic currency, the sudden stop will be difficult to navigate because it will impair the country's ability to pay off the international creditors it has because it will not have enough of the required foreign currency to pay them.
Answer:
14%
Explanation:
required rate of return = risk free rate of return + ( risk premium x beta)
5% + 1.5 x 6% = 14%
The US started collecting federal income tax in 1913