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please answer Question 4 (4 marks) Table 1.1: Production Possibilities for Brushes and Combs Number of Opportunity Cost (Foregone combi) Referring to table 1.1. the

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Question 4 (4 marks) Table 1.1: Production Possibilities for Brushes and Combs Number of Opportunity Cost (Foregone combi) Referring to table 1.1. the opportunity cost of producing 17 brushes is... a. 2 combs b. 3.33 combs c. 17 combs d. 17 brushes Question 5 (4 marks) Figure 1.1 is a hypothetical economy producing SUV's and Cars. Which of the following do not illustrate economic growth? Figure 1.1 a. A movement from point B to A b. A movement from point E to F c. A movement from D to E d. A movement from PP1 to PP2 Question 6 (4 marks) Figure 1.2 represents an economy producing brooms and mops. Which of the following would represent lockdown restrictions assuming that mops and brooms are essential products? Figure 1.2 a. A movement from C to A b. A movement from D to C c. No movement at C d. A movement from E to D Question 7 (4 marks) Japan cut its economic view for the first time in four months as a surge in COVID-19 cases disrupted manufacturers' global supply chains and dampened consumer confidence. In a monthly assessment approved by the cabinet on Thursday, the government pointed to domestic and overseas virus situations as evident downside risks to the country's economic recovery." Source: https://www.reuters.com/world/asia-pacific/japan-cuts-economic-view-weaker-production-spending-due-covid- revival-2021-09-16/ Accessed: 14/10/21 Japan's economic recovery can be aggregated and measured in terms of three major economic flows. These are: a. income, spending and saving. b. spending, production and saving. c. income, saving and production. d. income, spending and production. Question 8 (4 marks) Consumption in Vietnam could grow by US$130 billion over the next decade as Asia continues to be the world's consumption growth engine, Vietnam News Agency (VNA) quoted a new report from Mckinsey." Source: https:/www.thestar.com.my/aseanplus/aseanplus-news/2021/09/15/vietnam039s-consumer-markets: expected-to-grow-by-us130-billion-over-next-10-years Accessed: 14/10/21 In the simple circular flow of economic activity. goods, and services flow via: a. factor markets to goods markets. b. goods markets from households to firms. c. factor markets from firms to households. d. goods markets from firms to households

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