A point or combination that is on the production possibilities curve is:
A. Attainable and resources are fully employed
B. Attainable, but some resources are unemployed
C. Unattainable, but some resources are unemployed
D. Attainable only if we get additional resources
Answer: A
Economics
You might also like to view...
Bracket creep forces taxpayers to pay a larger percentage of their income in taxes when which of the following occurs?
(a) The emergence of high unemployment (b) Inflation (c) Deflation (d) The growth of trade deficit(s)
Economics
When women and members of other minority groups are forced into occupations where they are unable to obtain the human capital necessary to compete for high paying jobs, it is termed as statistical discrimination
a. True b. False Indicate whether the statement is true or false
Economics