Social Studies, 21.08.2020 14:01 lisaaprice14
3. The table below shows the production possibilities for the country of Cliffordonia. Use the table below to do following information. A B C D E F G Capital Goods 0 10 18 25 30 33 35 Consumer Goods 45 42 39 33 25 15 0 a. Draw and fully label a production possibilities for Cliffordonia b. Plot the combination of 20 consumer goods and 40 capital goods and label this point βx.β Plot the combination of 25 consumer goods and 20 capital goods and label it βy.β Explain what is happening at each of these points. c. What are the consequences if Cliffordonia produces combination A? What are the consequences if they produce combination G? d. Assume that economists in Cliffordonia are deciding between producing combination B or combination F. Which of these combinations will most likely result in more economic growth over time. Explain your reasoning? e .Explain how the production possibilities curve model shows each of the following concepts: scarcity, unemployment, efficiency, opportunity cost, and economic growth.
Answers: 3
Social Studies, 21.06.2019 22:30
Which of the following scenarios illustrates the error in thinking known as overconfidence? choose the correct answer from the following choices, and then select the submit answer button. over the years, about 45 percent of the students in dr. hunt's introductory psychology course have correctly predicted their major, but their confidence in this prediction has been about 75 percent on average. maria was afraid she would fail her introductory psychology midterm. when she got an a, she convinced herself that she had known all along she would do well on the exam. over the years, about 45 percent of the students in dr. hunt's introductory psychology course have correctly predicted their major, and their confidence in this prediction has also been about 45 percent on average. five students in dr. hunt's introductory psychology course were unwilling to predict major because they were afraid of making an incorrect prediction.
Answers: 1
Social Studies, 22.06.2019 15:30
Which sentences describes a cycle of dependency? a. aid harms the local economy creating the need for more aid.b. aid improves infrastructure and creates more wealth and more good infrastructure.c. aid programs become more reliable over time so people can depend on them.d. no answer is correct
Answers: 1
Social Studies, 23.06.2019 03:30
What is the treaty of ghent and what weβre the terms of this treaty?
Answers: 2
Social Studies, 23.06.2019 09:30
What kind of government is based on the idea of popular sovereignty?
Answers: 1
3. The table below shows the production possibilities for the country of Cliffordonia. Use the table...
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