Using Figure 1.7, we know the production of 5 units of soda and 2 units of pizza is 
A. impossible because we have the resources but do not have the technology.
B. impossible because we have the technology but do not have the resources.
C. possible, but there would be unemployed resources.
D. possible, but only if all resources were fully employed.
Answer: D
Economics
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Between 1960 and 2010, the labor force participation rate for men
A) decreased in most years. B) increased in most years. C) did not change. D) fluctuated, first rising until about 1989 and after that, then falling. E) did not change until 1992, after which it generally increased.
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Although a corporation is the most common type of firm, corporations generate only a small share of business revenue in the U.S. economy
Indicate whether the statement is true or false
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