If the economy is producing at point a on its production possibility frontier,then
A) all of the country's exports are produced in equal amounts.
B) all of the country's workers are specialized in one product.
C) all of the country's workers are employed.
D) all of the country's capital is used for one product.
E) all of its capital is used,but not efficiently.
Correct Answer:
Verified
Q1: An increase in a country's net commodity
Q2: If a small country were to levy
Q3: Terms of trade refers to
A)the tariffs applied
Q4: Suppose that a country experiences growth strongly
Q5: If the ratio of price of cloth
Q7: When the production possibility frontier shifts out
Q8: If Slovenia were a large country in
Q9: A country cannot produce a mix of
Q10: If the U.S.(a large country)imposes a tariff
Q11: If Slovenia were a large country in
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