Q Quickwrite PPF and Circular Flow PPF Shifting Circular Flow Please feel free to set these to 1.5 or 2x speed if you wish. If you understand them you can move faster. Use the videos above and the links below to help with your response. • A.1.2.2 Advanced Explanation -Production Possibilities Frontier • A.1.2.3 Advanced Explanation -The Circular Flow and Economic Systems • A.1.3.3 Assigned Videos- Circular Flow • A.1.3.2 Assigned Videos- Economic Systems and Production Possibility Frontier. QuickWrite Question Figure 3-11: Production Possibilities and Circular-Flow Diagram • Coconuts are Capital Goods • Fish are Consumer Goods • Use the “Production Possibilities and Circular-Flow Diagram” Figure 3-11. Assume the figures represent the same economy. 1.The economy is currently producing at point C. -Define the status of the economy 2.The economy moves from point C to point B. -Define what actions took place in order for the point of production to move from C to B.? Use the Circular Flow to explain your answer. 3. The Market (at point B) now desires to consume more coconuts than fish. How will the market (Free Market) coordinate this movement to a new output position. What are the costs of the move. 4. Will the movement from point B to point A help the country reach its goal of one day producing at point D? What other suggestions do you have for the country to reach an output of point D? This requires four separate responses. Total Word Count for all four questions = 200+