Question 4 Table 1.1: Production Possibilities for Brushes and Combs Referring to table 1.1, the opportunity cost of producing 17 brushes is... a. 2 combs b. 3.33 combs 17 combs Nate of Car comb c. d. 17 brushes Question 5 Figure 1.1 is a hypothetical economy producing SUV's and Cars. Which of the following do not usirate economic growth? Figure 1.1 MANG a. A movement from point to A b. A movement from point E to F c. A movement from D to E d. A movement from PP1 to PP2 Wing m Question 6 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 Op a. A movement from C to A b. A movement from D to C c. No movement at C d. A movement from Eto D
Question 6 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 Output of Mops PPI PP2 Output of Brooms 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 "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-paci ... 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 4 Table 1.1: Production Possibilities for Brushes and Combs Combination 3 K L M N Number of combs 4 c. 17 combs d. 17 brushes 1 0 Output of Cans Opportunity Cost(Foregone brushes) NA Figure 1.1 Output of SUV Number of brushes Referring to table 1.1, the opportunity cost of producing 17 brushes is... a. 2 combs b. 3.33 combs 0 Question 5 Figure 1.1 is a hypothetical economy producing SUV's and Cars. Which of the following do not illustrate economic growth? PPI PP2 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 10 17 21 Opportunity Cost (Forrgone combs) NA
Question 4 Table 1.1: Production Possibilities for Brushes and Combs Referring to table 1.1, the opportunity cost of pro
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