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Author Question: Given a production possibilities curve, a point: a. inside the curve represents unemployment. b. ... (Read 40 times)

dollx

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on: Jun 30, 2018
Given a production possibilities curve, a point:
 a. inside the curve represents unemployment.
  b. on the curve represents full employment.
  c. outside the curve is currently unattainable.
  d. all of these.

Question 2

Which of the following would be most likely to cause the production possibilities curve for computers and education to shift outward?
 a. A choice of more computers and less education.
  b. A choice of more education and less computers.
  c. A reduction in the labor force.
  d. An increase in the quantity of resources.


softEldritch

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

d


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