Could someone please help I am having a hard time figuring out what these are wi
ID: 1091751 • Letter: C
Question
Could someone please help I am having a hard time figuring out what these are without a graph. I got a few answers but I don;t know if there correct. Thanks !!!
A favorable change in expectations occurs within Country X (e.g. consumers feel better about the future) and, as a result, unemployment in agriculture decreases. How does this change affect the PPC of Country X? answer:E?
How does higher productivity in the harvesting of rye affect the PPC of Country X?answer:H?
How does improved technology for both wheat and rye affect the PPC of Country X?answer:E?
How does a sudden decrease in the availability of inputs used in the production of rye affect the PPC of Country X?
Assume that foreign direct investment increases the capital stock within Country X. How does this change affect the PPC of Country X?
How does an increase in unemployment affect the PPC of Country X?
Movement from a point inside this PPC to a point that's on the PPC
Movement from a point that's on this PPC to a point inside the PPC
Movement between 2 points, up along the PPC (i.e. toward wheat)
Movement between 2 points, down along the PPC (i.e. toward rye).
Increase (shift outward) in the PPC that affects both goods
Decrease (shift inward) in the PPC that affects both goods
Increase (pivot outward) in the PPC that affects only wheat
Increase (pivot outward) in the PPC that affects only rye
Decrease (pivot inward) in the PPC that affects only wheat
Decrease (pivot inward) in the PPC that affects only rye
Could someone please help I am having a hard time figuring out what these are without a graph. I got a few answers but I don;t know if there correct. Thanks !!!
A favorable change in expectations occurs within Country X (e.g. consumers feel better about the future) and, as a result, unemployment in agriculture decreases. How does this change affect the PPC of Country X? answer:E?
How does the migration of laborers from Country X into Country W affect the PPC of Country X?answer:B?How does higher productivity in the harvesting of rye affect the PPC of Country X?answer:H?
How does improved technology for both wheat and rye affect the PPC of Country X?answer:E?
How does a sudden decrease in the availability of inputs used in the production of rye affect the PPC of Country X?
Assume that foreign direct investment increases the capital stock within Country X. How does this change affect the PPC of Country X?
How does an increase in unemployment affect the PPC of Country X?
Explanation / Answer
A favorable change in expectations occurs within Country X (e.g. consumers feel better about the future) and, as a result, unemployment in agriculture decreases. How does this change affect the PPC of Country X?
answer: A as increase in employment will shift the economy
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