Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Inside.
If the economy is inefficient, its actual output combination will lie inside the production possibilities curve. This curve represents the opportunities for production in a given economy with the most efficiency being gained by producing along the curve. Any points within or inside the curve are considered inefficient, whereas points outside the curve are considered unavailable or inaccessible without changes in technology or innovation.
Monetary policy refers to Federal Reserve decisions that shape the economy by influencing interest rates and the supply of cash.
<h3>What is an Economy?</h3>
This refers to the production, distribution, trade, and consumption of these goods in a given region.
Hence, we can see that monetary policy has to do with the decision that the Federal Reserve takes in order to change the economy and influences the demand, supply, price of money, and credit to meet a nation's economic objectives.
Read more about monetary policy here:
brainly.com/question/13926715
Answer: Wikis application
Explanation: Wiki would be the most appropriate application for the team as it is a collaborative web site that is used to collect and organize the content revised by its users. Wikis is also a user friendly application and is easy to use. As a team we can use it to as a common platform where we can report our daily work done so it helps to better balance the workload.