Author Question: A price control always benefits consumers. a. True b. False Indicate whether the statement is ... (Read 95 times)

fox · **on:** Jun 30, 2018

A price control always benefits consumers.
a. True
b. False
Indicate whether the statement is true or false

Question 2

An economy may be operating at a point inside the production possibilities curve if:
a. technological progress enables the economy to produce quantities of output otherwise unattainable.
b. a substantial amount of labor is unemployed.
c. a substantial amount of machinery is idle.
d. either b. or c. occur.