Pollution problems are usually cases of good versus evil

Indicate whether the statement is true or false

FALSE

Economics

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The table above shows a nation's production possibilities frontier. If the nation wants to produce 4 robots and 34 pizzas,

A) the nation will be producing inefficiently. B) the opportunity cost is 9 pizzas. C) it will shift the production possibilities frontier. D) it will be unable to do so because the production point is unattainable. E) the nation will then be producing at a production efficient point.

Economics

If real GDP is less than potential GDP, the economy is

A) not in macroeconomic equilibrium. B) at full employment. C) in an above-full-employment equilibrium. D) in a below-full-employment equilibrium.

Economics