The Federal Reserve System is designed to regulate the money supply in our country. Answer is C
Answer:
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
Explanation:
PPF is the graphical representation of two goods combinations which an economy can produce given resources & technology.
It is downward sloping because of two goods inverse relation given same resources & technology.
The points at which PPF touches both axis represents maximum amount of that axis good which can be produced by given resources & technology , Points on PPF reflect full efficient utilisation of resources. Points inside PPF reflect underutilisation of resources. Points outside PPF reflect unattainable combinations outside economy's productive capacity, given resources & technology unless either of them grow.
Resource increase usable for production of both goods: shifts the PPF outwards/ rightwards & the maximum potential production of both goods increases. PPF touching axis points increases from pervious at each axis - more than 40 at good X axis, more than 60 at Y axis.
<u>Answer:</u> This is an example of scarcity.
<u>Explanation:</u>
Scarcity means there is less supply of the goods that are required. Non renewable goods are the goods which are available in lower quantity and they may become obsolete at a point of time. These resources cannot be replaced by nature and it takes quite a long time to get supply of these resources.
When non renewable resources are used in production of goods the prices of the goods are very high. When renewable resources are used they are unlimited in supply so the price of the products will be less.
Answer:
This is in accordance with the EEOC regulations relating to discrimination based on <u>Disability </u>