Question
No explanation needed 1.the implementation of welfare programs leads to Group of answer choices decrease in equity and increase in efficiency increase in equity and
No explanation needed
1.the implementation of welfare programs leads to
Group of answer choices
decrease in equity and increase in efficiency
increase in equity and efficiency
decrease in equity and efficiency
increase in equity and decrease in efficiency
2. Suppose after graduating from college you get a job working at a bank earning $80,000 per year. After two years of working at the bank earning the same salary, you have an opportunity to enroll in a one-year graduate program that would require you to quit your job at the bank. If so, the following should be included in a calculation of the cost of the graduate program?
Group of answer choices
the cost of tuition and books
all of the listed categories
the $80,000 salary you were earning at the bank
the cost of room and board
3.The production possibilities frontier (PPF) model assumes that
Group of answer choices
the economy produces only two inputs
all of the answers are correct
quantities of factors of production increase over time
the economy produces only two outputs
4.Suppose in an hour, Jane can wash 2 cars or mow 1 lawn, and John can wash 1 car or mow 2 lawn. Who has the absolute advantage in car washing, and who has the absolute advantage in lawn mowing?
Group of answer choices
Jane in washing and in mowing
John in washing and in mowing
Jane in washing, John in mowing
John in washing, Jane in mowing
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