Which of the following is an incorrect statement?
a. An economy with many unemployed workers and idle factories is not operating efficiently.
b. Idle factories represent unemployed capital resources.
c. A large amount of unemployed resources will shift the production possibilities curve outward.
d. Idle farms represent unemployed land resources.
Question 2
The actions of a miser benefit ____ and the actions of a philanthropist benefit ____.
a. a select few; a wide range of individuals
b. a wide range of individuals; a select few
c. a wide range of individuals; a wide range of individuals
d. a select few; a select few
Workers at a Nike factory in Indonesia insert soles into sneakers for fourteen cents an hour.
Example of an Explanation of Benefits statement.
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