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Author Question: Which of the following is an incorrect statement? a. An economy with many unemployed workers and ... (Read 709 times)

B

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on: Jun 30, 2018
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


jamesnevil303

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Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

b


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