The combination of goods and services Mexico's citizens might feasibly consume are called Mexico's
A. total consumption.
B. consumption possibilities.
C. total production.
D. production possibilities.
Answer: B
Economics
You might also like to view...
According to the classical model, the income generated by production is
A) always insufficient to purchase all the goods and services produced. B) enough to purchase all the goods and services produced. C) fully spent on savings. D) enough to meet the needs of everyone in society.
Economics
In the above figure, the shift from AD1 to AD2 might have been the result of
A) an increase in government expenditure. B) a decrease in taxes. C) an increase in the quantity of money. D) All of the above answers are correct.
Economics