--%>
Assignment Help - homework help

Production-possibility curve of a government policy

By using a curve analogous to the production-possibility curve, choices among government policy objectives could be exhibited by: (1) Moving all along the curve. (2) Shifting the curve down. (3) Shifting the curve up. (4) Comparing a point beneath the curve with one above it.

Can someone please help me in finding out the right answer from the following question.

   Related Questions in Public Economics

  • Q : Law of diminishing returns The idea

    The idea that costs ultimately grow faster than output if output is expanded obeys logically from the law of: (i) Increasing expectations. (ii) Raising returns to scale. (iii) Diminishing returns. (iv) Demand and supply. (v) Rational effects.

    Q : Example of Relative Price Suppose a

    Suppose a deluxe hamburger is $5, an Oreo blizzard is $3, and a soda is $1. Then the relative price of the hamburger is: (a) 1.6 blizzards. (b) four sodas and half of a blizzard. (c) two blizzards. (d) a blizzard and one soda.

    Q : Moral dimensions of social decisions in

    Positive economics is LEAST related with the: (w) allocation of economic resources. (x) conflict of obtainable resources and societal needs. (y) mechanisms by that resources are used to satisfy societal requirements. (z) moral dimensions of social dec

    		•
  • Q : Entrepreneur in economic profit

    Economic profit is the entrepreneur's: (i) payment to managers for their services. (ii) capital stock minus depreciation. (iii) reward for innovation and bearing risks. (iv) difference between monetary cost and total income. (v) opportunity cost for capital.

  • Q : When economists disagree in normative

    Can someone give details with best solution about problem of normative economics... Economists disagree MOST often about regions involving: (i) normative economics, while value judgments are involved. (ii) explanat

    		•
  • Q : Illustration of Positive and Normative

    "Minimum wage rules will reduce service of the workers they are designed to help, but they are desirable because it's more important that 90 percent of the covered workers remain employed at the higher wage than that 10 percent of the covered workers become jobless."

    		•
  • Q : Technological change in extracting

    Can someone help me in determining the right answer from the given options. A good illustration of technological change would be a discovery of a: (i) Pool of oil as big as any in Kuwait merely a bit south of Cleveland. (ii) Tenth planet as big as Neptune circling our

    		•
  • Q : Determine when economic efficiency is

    Economic efficiency is most clearly improved while: (i) a new Wal-Mart opens in a rural community. (ii) less-developed countries grow quicker than more developed countries. (iii) taxes are composed in accord along with the principle of progressivity. (iv) India increa

    		•
  • Q : Requirement of goods for economic

    I need a good answer on the topic of Economic efficiency. Please suggest me your suggestion that the need for economic efficiency which society should produce the goods people want is termed as: (i) allocative inefficiency. (ii) productive inefficiency. (iii) distribu

    		•
  • Q : Comparative Systems- Central planning

    Can someone help me in finding out the right answer from the following options. The command economy is mainly based on: (i) Laissez faire govt. policies and private property rights. (ii) ‘kolkhoz’ decision making. (iii) Well tuning production to match the

    		•