Suppose an economy produces two goods, food and machines. this economy always operates on its production possibilities frontier. last year, it produced 1000 units of food and 47 machines. this year, it is producing 1050 units of food and 52 machines. which of the following events could not explain the increase in output? a. because the technological advance occurred in the machine-making industry, it will not be possible to increase food production without reducing machine production below 47. b. because the technological advance occurred in the machine-making industry, increases in output can only occur in the machine industry. c. in order to increase food production in these circumstances without reducing machine production, the economy must reduce inefficiencies. d. the technological advance reduced the amount of resources needed to produce 47 machines, so theseresources could be used to produce more food.

The impact fiscal multiplier is a. usually estimated to have an average value of 2. b. usually estimated to have an average value of 0. c. the actual immediate multiplier effect of a fiscal policy action after taking into consideration direct fiscal offsets and other short-term crowding out of private spending. d. the multiplier effect of a fiscal policy action that applies to a long-run period after all influences on equilibrium real gdp have been taken into account.

1. descriptive statistics quickly describe large amounts of data can predict future stock returns with surprising accuracy statisticians understand non-numeric information, like colors refer mainly to patterns that can be found in data 2. a 15% return on a stock means that 15% of the original purchase price of the stock returns to the seller at the end of the year 15% of the people who purchased the stock will see a return the stock is worth 15% more at the end of the year than at the beginning the stock has lost 15% of its value since it was originally sold 3. a stock purchased on january 1 cost $4.35 per share. the same stock, sold on december 31 of the same year, brought in $4.75 per share. what was the approximate return on this stock? 0.09% 109% 1.09% 9% 4. a stock sells for $6.99 on december 31, providing the seller with a 6% annual return. what was the price of the stock at the beginning of the year? $6.59 $1.16 $7.42 $5.84

What would you do as ceo to support the goals of japan airlines during the challenging economics that airlines face?