Homework questions, Microeconomics

Assignment Help:
If a large amount of skilled labor immigrated into the country, which allows the available resources to produce more of goods X and Y, which of the following will occur?

A.the y-intercept of the ppf will rise, and the y-intercept of the ppf will fall

b. the y-intercept of the ppf will rise, and the y-intercept of the ppf will rise

c. the y-intercept of the ppf will fall, and the y-intercept of the ppf will fall

d.the y-intercept of the ppf will fall, and the y-intercept of the ppf will rise

d.


Related Discussions:- Homework questions

Explain how keynesian economics views the role of markets, Explain how Keyn...

Explain how Keynesian economics views the role of markets and government intervention in fighting business cycles. Keynesian economics believes markets frequently fail and gov

Perceived value pricing, Perceived Value Pricing This refers to a prici...

Perceived Value Pricing This refers to a pricing strategy that dictates that the price of a given item will be set based on the customer's perception of the value of that item

Real business cycle theory, REAL BUSINESS CYCLE THEORY: The parable th...

REAL BUSINESS CYCLE THEORY: The parable that motivates this discussion originated with Edmund Phelps and invites you to think that all men (and women) are islands. They have p

What is the benefit of economics in our life, What is the benefit (main wor...

What is the benefit (main work) of economics in our life?  Economics plays a very important role in development of a country. A country's economy shows the stability of that co

Solow-swan model, Consider an economy, in which technological capabilities ...

Consider an economy, in which technological capabilities become obsolete. Use the Solow-Swan model and the knowledge spillover model to explain how its productivity growth rate dep

Demand pull inflation, Demand Pull Inflation: It describes a sustaine...

Demand Pull Inflation: It describes a sustained increase in the general price level that is caused by a permanent increase in nominal aggregate demand. Simply, is can be view

Technology sustainability and society, Question 1: ? deduce the causal ...

Question 1: ? deduce the causal factors behind technological developments in different cultures and during different periods of human history ? assess the basis of common cr

Female-headed households, Female-headed households: The high incidence...

Female-headed households: The high incidence of unemployment among the educated in general and women in a particular reflects that the pace of creation of diversified employme

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd