Refer to the production possibilities frontier in the figure above. Which production point is unattainable?

A) point a
B) point b
C) point c
D) point e

D

Economics

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The savings rate in an economy equals:

A) aggregate savings divided by GDP. B) GDP minus aggregate consumption. C) GDP divided by aggregate savings. D) aggregate savings multiplied by GDP.

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In an open economy, aggregate supply consists of domestic production plus imports

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

Economics