Author Question: When determining the production possibilities curve A) the trade-off between the goods in the ... (Read 48 times)

Starlight · **on:** Jun 29, 2018

When determining the production possibilities curve

A) the trade-off between the goods in the economy remains constant.
B) the amount of productive resources remains constant.
C) the prices of the goods are used.
D) the prices of resources are used.

Question 2

The modification of manufacturing processes so as to reduce the resulting environmental damage is an endeavor that requires capital investment, labor inputs, and technology. What then follows from this statement?

A) Economic growth can benefit the environment.
B) Environmental damage is a regrettable but necessary side effect of economic growth.
C) The condition of the environment will be better in slower-growing countries.
D) The way to reduce pollution is to educate people about its effects.