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If an Economy Produces 100 Pencils and 100 Pens, and Pencils

Question 36

Multiple Choice

If an economy produces 100 pencils and 100 pens, and pencils sell for twice as much as pens:


A) pencils are weighted as twice as important in the economy compared to pens.
B) pens are weighted as twice as important in the economy compared to pencils.
C) pencils are weighted as equally important in the economy as pens.
D) nothing can be said about the relative importance of pens and pencils in the economy.

Correct Answer:

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