The diagram below shows two production possibility frontiers for a country. ABCD Consumer Goods А A to C B to C A с C to D D to E B C Which of the following is most likely to represent an increase in short run economic growth. A movement from E D Capital Goods
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- Pls Don't Copy , I want Unique Solution What does a production possibilities frontier represent? Explain how you would use it to make decisions. What other information would you need to incorporate and what decision rule would you use?Which is microeconomics or macroeconomics? a) A comparison of alternative tax policies and thier respective impacts on the rate of the nation's economic growth b) the effect of government regulations on car emissions c) the decision by Mc Donalds to hire fewer workers becuase of an increase in the minimum wage d) the stock market plunges by 1000 points due to uncertaintyellobrate more on your essay using imprical evedience and case studies, please.
- The quantities shown are taken from a production possibilities frontier for an economy with diminishing returns. The blank in the table could be which value? Bags Courses 40 300 60 ? 80 100Watch the following video clip about fair trade co-operatives in South America: www.youtube.com/watch?v=yu5DhOHLJ-s Based on this clip, consider the following issues: What western business norms are modified by the social and solidarity economy? What charitable norms are modified by the social and solidarity economy? How would you explain 'endogenous development' to another person?Productivity Table Soup per unit of labor Swords per unit of labor Wesley 30 25 Fezzik 10 30 What is Dean's opportunity cost of soup?
- Question: How do different economic systems (e.g.. capitalism, socialism) allocate resources? Don't usechatgpt please provide valuable answer otherwise be ready for disupvoteQ.3. The production possibilities frontier curves show the concepts of scarcity, choice, opportunity cost, efficiency and economic growth. Discuss with examples.Examine the central problems of an economy given below and select the one that cannot be represented in a production possibility curve. a. What to produce? b. How to distribute? c. Full utilization of resources d. How much to produce?
- ____________ is a term which refers to the widespread use ofpower-driven machinery and the economic and social changes that resulted in thefirst half of the 1800s. a)Industrial Revolution b)Capital deepening c)Living standard d)TechnologyReview Porter’s Theory of Competitive Advantage and assess the extent to which the model canbe used to explain (fully or partially) growth and development in the Caribbean region. Howinline is the model with the views of economic development put forward by Best and Lewis? Limit answer to 200 wordsInstructions: choose the correct answer below 1. In W.W. Rostow 'Economic Perspective', the preconditions for take-off is describe as a) Growth in normal condition b) Real income per capita increase c) Expansion of the nation modern sectors d) Notable increase in investment 2. A cause of unplanned Urbanization in the Caribbean is a) Natural increase b) Tourism c) Rural development d) Increase manufacturing in urban area 3. According to Caribbean sociologist M. Cross, a problem becomes a social problem when a) It becomes the concern of the entire society of community b) The problem is a personal problem c) A social problem can be appreciated only within the framework of the larger picture d) None of the above 4. In Ryan's 'The Independence Experience', who stated that population growth in the Caribbean is influenced by fertility, mortality and international migration? a) R.T Smith b) M.G Smith c) Norma Abdullah d) J. Barrow 5. Which theoretical perspective…