Download Production Possibilities In One Day of Work

Survey
yes no Was this document useful for you?
   Thank you for your participation!

* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project

page
1
page
2
page
3
page
4
Document related concepts
no text concepts found
Transcript 
Production Possibilities
In One Day of Work
Which country has the comparative advantage in the production of
oranges?
Which country has the comparative advantage in the production of
avocadoes?
What is the range in terms of trade for the United States?
What is the range in terms of trade for Israel?
Unit 6 : Macroeconomics
Visual 6.1
National Council on Economic Education
http://apeconomics.ncee.net
United States and Israel
Unit 6 : Macroeconomics
Visual 6.2
National Council on Economic Education
http://apeconomics.ncee.net
Domestic and Foreign Supply
Unit 6 : Macroeconomics
Visual 6.3
National Council on Economic Education
http://apeconomics.ncee.net
Supply of and Demand for Dollars
The supply of U.S. dollars is determined by U.S. demand for foreign goods,
services and investments.
Demand for U.S. dollars is determined by foreign demand for U.S. goods, services
and investments.
Unit 6 : Macroeconomics
Visual 6.4
National Council on Economic Education
http://apeconomics.ncee.net
Related documents