what does The law of increasing opportunity costs states
The Law of Increasing Opportunity Costs states that as you increase production of one good, the opportunity cost to produced the additional good will increase.
Question
Asked 1/22/2014 1:07:17 PM
Updated 1/22/2014 3:27:02 PM
f
Rating
8
The Law of Increasing Opportunity Costs states that as you increase production of one good, the opportunity cost to produced the additional good will increase.

Added 1/22/2014 3:27:02 PM
This answer has been confirmed as correct and helpful.
Rated good by andrewpallarca, Confirmed by andrewpallarca [1/22/2014 3:29:29 PM]

There are no comments.

Questions asked by the same visitor
1. In the circular flow model, the value of total income for an economy _____ the value of total production.
Weegy: In the circular flow model, the value of total income for an economy EQUALS the value of total production. (More)
Question
Updated 1/22/2014 10:54:00 AM
2. The GDP deflator is a measure of the
Weegy: Deflator is defined as a statistical tool used to convert current dollars into inflation-adjusted dollars, [ in order to compare prices over time after factoring out the overall effects of inflation. Read more: ] User: 3. The period between a business cycle peak and a business cycle trough is called Weegy: The period between a business cycle peak and a business cycle trough is called the contractionary phase (More)
Question
Updated 1/22/2014 8:11:52 PM
The GDP deflator is an economic measure that tracks the cost of goods produced in an economy relative to the purchasing power of the dollar.
Added 1/22/2014 8:11:52 PM
This answer has been confirmed as correct and helpful.
Confirmed by Kaysha [1/22/2014 8:16:24 PM], Rated good by Kaysha
Expansionary policy
Weegy: An example of expansionary fiscal policy would be Answer. A decrease in government spending and increase in taxes User: Contractionary policy Weegy: Expansionary monetary policy is simply a policy which expands (increases) the supply of money, whereas contractionary monetary policy contracts (decreases) the supply of a country's currency. User: how does a stimulus program (through the money multiplier) affect the money supply (More)
Question
Updated 1/17/2014 2:23:06 PM

'Expansionary Policy'

A macroeconomic policy that seeks to expand the money supply to encourage economic growth or combat inflation (price increases).

Added 1/17/2014 2:19:28 PM
This answer has been confirmed as correct and helpful.

A contractionary policy is a kind of policy which lays emphasis on reduction in the level of money supply for a lesser spending and investment thereafter so as to slow down an economy.

Added 1/17/2014 2:23:03 PM
This answer has been confirmed as correct and helpful.
37,062,291
';
Popular Conversations
Simplify -2xy + 3x - 2xy + 3x
Weegy: (-2 x y + 3 x) - (2 x y + 3 x) = -4xy; or -2xy + 3x - 2xy + 3x = 6x - 4xy. User: Given the formula K = LMN, ...
12/2/2022 10:32:01 PM| 5 Answers
What president hoped to establish a détente between the United ...
Weegy: Richard Nixon hoped to establish a détente between the United States and the Soviet Union. User: What ...
12/6/2022 5:31:31 PM| 3 Answers
What is a stock?
Weegy: Stock is a type of security that signifies ownership in a corporation and represents a claim on part of the ...
12/6/2022 4:31:00 PM| 3 Answers
A person who's morbidly obese
Weegy: A person who's morbidly obese: is carrying so much weight that it's life threatening. User: Which of the ...
12/5/2022 6:58:15 PM| 3 Answers
1. Password procedures, information encryption software, and ...
Weegy: Password procedures, information encryption software, and firewalls are examples of measures taken to address ...
12/6/2022 5:09:44 PM| 3 Answers
What information in the speech clearly supports Patrick Henry's ...
Weegy: I ask gentlemen, sir, what means this martial array, [ it its purpose be not to force us to submission? ...
12/6/2022 4:38:06 PM| 3 Answers
what united states plan involved financial aid to nations with the ...
Weegy: The "Marshall Plan" involved financial aid to nations with the goal of stabilizing them so communism didn't take ...
12/6/2022 4:36:35 PM| 3 Answers
Who would elect the President?
Weegy: The electoral college would elect the President. User: What does the “fugitive clause” say in the ...
12/4/2022 10:43:32 PM| 3 Answers
What economic system did the Truman administration want to promote in ...
Weegy: Capitalism did the Truman administration want to promote in postwar Japan and Europe. User: What organization ...
12/3/2022 7:59:45 PM| 3 Answers
Complete the statement: The Federal RSFs integrate with state and ...
Weegy: The Federal RSFs integrate with state and local government, as well as private stakeholders As soon as ...
12/3/2022 1:16:31 PM| 3 Answers
*
Get answers from Weegy and a team of really smart live experts.
S
L
Points 171 [Total 215] Ratings 1 Comments 161 Invitations 0 Offline
S
L
Points 123 [Total 1138] Ratings 0 Comments 123 Invitations 0 Offline
S
L
P
Points 122 [Total 3119] Ratings 1 Comments 112 Invitations 0 Offline
S
L
Points 118 [Total 1146] Ratings 1 Comments 108 Invitations 0 Offline
S
L
Points 114 [Total 1272] Ratings 1 Comments 104 Invitations 0 Offline
S
L
Points 111 [Total 1019] Ratings 1 Comments 101 Invitations 0 Offline
S
Points 63 [Total 74] Ratings 0 Comments 63 Invitations 0 Offline
S
L
Points 53 [Total 107] Ratings 0 Comments 53 Invitations 0 Offline
S
L
R
Points 50 [Total 1939] Ratings 0 Comments 50 Invitations 0 Offline
S
L
Points 49 [Total 1270] Ratings 0 Comments 49 Invitations 0 Online
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.