Suppose that an economy, producing at point A on a production possibilities frontier, produces 500 units of good X and 300 units of good Y. Also suppose that, with the same resources and technology, the economy could produce at point B, which represents 800 units of good X and 450 units of good Y. True or False: It follows that when the economy is producing at point A, it is productive inefficient. True or False: It follows that when the economy is producing at point B, it is productive efficient.

Diversified semiconductors sells perishable electronic components. some must be shipped and stored in reusable protective containers. customers pay a deposit for each container received. the deposit is equal to the container’s cost. they receive a refund when the container is returned. during 2018, deposits collected on containers shipped were $856,000. deposits are forfeited if containers are not returned within 18 months. containers held by customers at january 1, 2018, represented deposits of $587,000. in 2018, $811,000 was refunded and deposits forfeited were $41,000. required: 1. prepare the appropriate journal entries for the deposits received and returned during 2018. 2. determine the liability for refundable deposits to be reported on the december 31, 2018, balance sheet.

The questions of economics address which of the following ? check all that apply

Tom has brought $150,000 from his pension to a new job where his employer will match 401(k) contributions dollar for dollar. each year he contributes $3,000. after seven years, how much money would tom have in his 401(k)?