I would go with d because wouldn’t you times 35.00$ by 100
Answer:
(D) that resources are imperfectly substitutable among alternative uses.
Explanation:
A production possibility curve is used to measures the maximum amount of output of two goods using any combination of the factors of production as fixed input, therefore, capital,land,labour and entrepreneur, which requires the combination of all in most cases. The points on the curve indicates the amount of each goods to be produced when there is a shift in resources from making more of one goods than the other goods.
If the amount produced is inside the production possibility curve, then all of the factors of production are not being effectively used in the production of the goods.
Answer:
D) it is derived from the demand for products that use labor in the production process.
Explanation:
When consumers want a product, demand for that product goes up. Since you need labor to make that product, demand for the labor goes up as well. They are connected, so one is <em>derived from</em> (comes from) the other.
Answer:
The federal fund rate will increase, non borrowed reserves will decrease and no change in borrowed reserves.
Explanation:
Federal fund rate is an interest rate which banks pay off each night on depository funds. This rate can be above the discount rate because banks prefer to pay higher market rate than to borrow from Fed. When the fed raises target federal fund than federal fund rate will increase causing a decline in no borrowed reserves.