4. Examine the graph of GDP growth. Where on the graph would the U. S. government be most likely to introduce expansionary monetary policy? Where would it be most
likely to introduce contractionary monetary policy? Explain your responses by
describing how each type of monetary policy works and what the government hopes
to achieve with it. (4 points)
Boom
Slump
Rate of GDP growth
Recovery
Recession
Mi

every society, in order to meet the needs of it's people, has to answer three basic questions:

- what should we produce?

- how should we produce it?

- for whom should we produce it?

this questions must be answered in order to, option b, aid in production decisions.

every country can't produce everything, no matter how rich their land is. it may be a matter of technology, resources or geographical conditions. so, these three questions must be resolved in order to get the most of the production of each land.

hope this !

you probably know the answer. stop asking stupid questions and making me waste my time. j.k. ; )   b.t.w. what are three ratios equivalent to 5 : 11? thx

quote is the answer your looking for.