What is another named for the production possibilities curve?

a. production possibilities border
b. production possibilities frontier
c. production possibilities wall
d. production possibilities turn

Ans: b. production possibilities frontier

Economics

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Heartland and Soulland) If trade now opens up between the two economies, we can expect that:

A) Heartland will export drill presses to Soulland and import corn from it. B) Heartland will export corn to Soulland and import drill presses from it. C) both countries will export corn and drill presses. D) both countries will import corn and drill presses.

Economics

Investment banks purchase new security issues in the hope of making a profit. This is the act of

A) reinsuring. B) factoring. C) syndicating. D) underwriting.

Economics