______________: Using right methods of production

The production possibilities frontier is a graph that shows the various combinations of output that an economy can possibly produce given the available factors of production and

a. society's preferences. b. the available production technology. c. a fair distribution of the output. d. the available demand for the output.

Members of the Board of Governors are appointed by the president of the U.S. and confirmed by the U.S. Senate

a. True b. False Indicate whether the statement is true or false