Author Question: The economic question of what to produce is often referred to as the distribution question. a. True ... (Read 170 times)

segrsyd · **on:** Jul 1, 2018

The economic question of what to produce is often referred to as the distribution question.
a. True
b. False

Question 2

Which of the following cannot be determined from a nation's position relative to its production possibilities frontier?
a. whether it is producing efficiently
b. whether it has unemployed resources
c. the opportunity cost of each good illustrated
d. the society's relative preferences regarding each good illustrated
e. the price of each good illustrated