13. Economic analysis that takes into consideration linkages between markets is

Question

13. Economic analysis that takes into consideration linkages between markets is called ? A. partial equilibrium anaylysis B. input output analysis C. general equilibrium analysis D. cost-effectiveness analysis E. none of the above

22. the slope of a countrys production possibilities frontier, represents A. the opportunity cost of the commodity on the horizontal axis B. the opportunity cost of the commodity on the vertical axis C. the terms of trade D. the exchange rate for currency E. none of the above

Explanation / Answer

13. Economic analysis that takes into consideration linkages between markets is called ?

A. partial equilibrium anaylysis

B. input output analysis

C. general equilibrium analysis

D. cost-effectiveness analysis

E. none of the above

22. the slope of a countrys production possibilities frontier, represents

A. the opportunity cost of the commodity on the horizontal axis

B. the opportunity cost of the commodity on the vertical axis

C. the terms of trade

D. the exchange rate for currency

E. none of the above

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