The selection of the highest point on the production possibilities frontier is most likely to result in the largest increase in economic growth over time.
<h3>What is production possibility frontier?</h3>
Production possibility frontier shows that there limits on production and that a good will increase of there is a corresponding increase in another.
may increase only if the production of the other commodity decreases.
The two products or commodity will depend upon the resource for manufacturing.
Therefore, the selection of the highest point on the production possibilities frontier is most likely to result in the largest increase in economic growth over time
Learn more on economic growth below
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Answer:
The correct answer is letter "A": With the longer duration of unemployment benefits, firms needed to keep wages high to attract people to work. This caused downward wage rigidity, leading to persistent higher unemployment.
Explanation:
The Great Recession (2007-2009) is the period in U.S. economics when it suffered a high-scale dwindle as a result of the collapse in the real estate market and the subprime mortgage crisis. The financial sector collapsed as well forcing some banks to declare bankruptcy.
In this context, long-lasting unemployment benefits were provided such us <em>downward wage rigidity</em>, which implied employers were unable to reduce the salaries in dollar terms. By doing that, having low to none income, in order to meet their income objectives, major organizations had to lay off employees directly causing the rate of unemployment increase.
Answer:
Is there more to the question, like a list of powers they want you to sort? I would be happy to help.
Roman Catholisism is your answer
Answer:
HI your question is incomplete attached to the answer is an image of the complete question
i) MSG
II) OVER
III) MSE
IV) UNBIASED
Explanation:
MSG ( ) : this is calculated by taking the sample variance of the sample distribution of the mean for every group involved with the test and it unbiased under the null hypothesis alone
while MSE is gotten from using the sample mean of the sample variances of each group involved with the test and it is always unbiased whether or not there is a population / treatment effect
