{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

hw 2 us production possiblity curve and where our economy is today

Hw 2 us production possiblity curve and where our economy is today

Info icon This preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Ryan Hayes ECO 201 Homework 2 9/7/09
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
2) The reason I put point a where it is, is because I believe America consumes too much. Although we naturally want everything, it is now a greater priority that we have finished goods in this country rather than make them. Our school systems are “starting” to fall behind compared to countries like Japan since kids in that country are taking higher levels of math and science at a younger age, in which they can more quickly advance with the supplies they have. There is still some industry in this country, but not nearly as much as the level of the amount of consumer goods we have. 3) We should be closer to point B, because the greater the capital, the faster a nation can grow.
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: We don’t produce enough capital as a nation to increase at a quicker rate because we decide that buying from other countries is easier. I believe that if we could focus more on capital goods, and try to find a way to make it cheaper to work here with our people and capital. If we can do that somehow, we will be able to grow as a nation. http://74.125.95.132/search? q=cache:RHxqqL2j9DgJ:tucker.swlearning.com/eft4e/ppt/production.ppt+production+possibility +curve+for+the+us+today+between+capital+goods+and+consumer+goods&cd=2&hl=en&ct=cl nk&gl=us...
View Full Document

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern