Question
1 What are two factors that could shift the production possibilities frontier outward? 2. How would you measure the cost of earning a college degree?
1 What are two factors that could shift the production possibilities frontier outward?
2. How would you measure the cost of earning a college degree?
3. Using the marginal principle, explain how you would decide to continue your education and earn an advanced degree.
4. What really is scarcity? What are two causes of scarcity?
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Modeling Monetary Economies
Authors: Bruce Champ, Scott Freeman, Joseph Haslag
4th Edition
1316508671, 1316508676, 9781316723302 , 978-1107145221
