PRE ASSESSMENT: MACROECONOMICS PEXO

Western Governers University

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PRE-ASSESSMENT: MACROECONOMICS PEXO | 2022 UPDATE

PRE-ASSESSMENT: MACROECONOMICS PEXO | 2022 UPDATE
Exam (elaborations) • 39 pages • 2022

According to the production possibilities curve model, as you increase the production of one good, what will happen to the sacrifices ofthe alternate good? YOUR ANSWER CORRECT ANSWER They will steadily increase. They will steadily decrease. They will remain the same. They will gradually disappear. 2. A farmer fully utilizes his resources to produce cauliflower and kale. As the farmer produces more cauliflower, he has fewer resources available to produce kale. Which curve is illustra...