Productivity efficiency in saving lives
a. is not possible to today's economy
b. is guaranteed in today's economy
c. occurs when the economy is saving the maximum possible number of lives
d. requires producing on the economy's production possibilities frontier
e. occurs where the production possibilities frontier intersects the "lives saved" axis
D
Economics
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To eliminate a recessionary gap, the expenditure schedule should be
a. shifted downward. b. shifted upward. c. made steeper. d. made flatter.
Economics
Output choices are made necessary within a market because of:
A. Inefficient use of resources. B. High prices for goods. C. Scarcity of resources. D. Advancing technology.
Economics