Point D in the above PPF figure is
A) an attainable production combination with unemployed resources.
B) a production combination that can be attained once resources are fully employed.
C) an unattainable production combination.
D) a tradeoff.
E) More information is needed to determine which of the above answers is correct.
C
Economics
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A change in government purchases shifts the aggregate demand curve by an amount equal to the
A) change in consumption X marginal propensity to consume. B) change in government purchases X money multiplier. C) change in government purchases X spending multiplier. D) change in the spending multiplier X change in government purchases.
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A sole proprietorship produces only one good
Indicate whether the statement is true or false
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