Production possibilities frontiers usually curve out and away from the origin. The implication of this curvature is that
A) as resources are used to produce one good, fewer resources are available to produce another good.
B) technological change is present.
C) the opportunity cost of producing a good stays the same regardless of how much of that good is produced.
D) some resources are better at producing one good while other resources are better at producing alternative goods.
E) the opportunity cost of producing a good goes down as more of that good is produced.
Question 2
Who is cyclically unemployed?
A) Katrina, an assistant manager who quit her job to search for a better job closer to home
B) David, a new car salesman who lost his job because the economy went into a recession
C) Samantha, who quit her job to return to college to earn her MBA
D) Casey, who lost his job because the technology changed so he was no longer needed
E) Kathy, a steelworker who was laid off but has stopped looking for a new job because she can't find a new job
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