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Draw a graph representing a hypothectical economy
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∙ 11y ago
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A pie graph of Mississippi economy?
A pie chart of Mississippi economy
What is a production possibilities graph?
production possibilities graph is a graph that shows alternative ways to use an economy's resources.
Any intersection of points outside the frontier line on a production possibilities graph would show that the economy is?
Depends on what the graph will display for us to really gather a correct answer. The reason behind it is because there are a lot of topics that have to do about the economy.
The following is the data for a hypothetical island economy during a recent year All values are in billions of real dollars Assume that the island economy does not engage in trade with any other cou?
The following is the data for a hypothetical island economy during a recent year. All values are in billions of real dollars. Assume that the island economy does not engage in trade with any other countries. Gross Domestic Product $2,000 Net Taxes $400 Government Purchases $500 Planned Investment $300 Consumption $1,200 3.1. What is the status of the federal budget? A. Surplus of $300 billion B. Surplus of $100 billion C. Deficit of $400 billion D. Deficit of $100 billion
What is a visual with vertical and horizontal lines to plot supply and demand?
Graph
In addition to a label what other piece of information must the axes on a graph include?
units
A pie graph of Mississippi economy?
A pie chart of Mississippi economy
What is a production possibilities graph?
production possibilities graph is a graph that shows alternative ways to use an economy's resources.
What is the purpose of a possibilities graph?
to show alternative ways to use an economy's resources
Any intersection of points outside the frontier line on a production possibilities graph would show that the economy is?
Depends on what the graph will display for us to really gather a correct answer. The reason behind it is because there are a lot of topics that have to do about the economy.
What is purpose of a production possibilities graph?
to show alternative ways to use an economy's resources
What is the purpose of a productions possibilities graph?
to show alternative ways to use an economy's resources
What is an interdependent variable?
An intervening variable is an internal state that is hypothetical in empirical research. It explains the relationships between variables being observed.
What is a real life idea for how to use a bar graph?
They're used to show how the economy is doing
What does cognitive economy mean?
Cognitive economy is the economics of thinking. It uses economical data from things like cognitive ability, expectations, hypothetical situations, and the like.
How do you use hypothetical in a sentence?
The answer that was given is hypothetical.
Is this a hypothetical question?
No this is not a hypothetical question. A hypothetical question is a question that includes facts of evidence that is need for an opinion.
