Which statement is true?
A)On the production possibilities frontier we have zero unemployment.
B)On the production possibilities frontier 95 percent of the labor force is employed.
C)To get out of a recession, we must produce at some point beyond our production possibilities frontier.
D)To have economic growth, we must push the production possibilities frontier inward.

Question

Quizplus · Accepted Answer

The Answer of Which statement is true?
A)On the production possibilities frontier we have zero unemployment.
B)On the production possibilities frontier 95 percent of the labor force is employed.
C)To get out of a recession, we must produce at some point beyond our production possibilities frontier.
D)To have economic growth, we must push the production possibilities frontier inward.

Which Statement Is True