Exhibit 2-14 Production possibilities curve
In Exhibit 2-14, this economy was located at point E but has now moved to point F.
A) This would be an impossible move because the economy does not have sufficient resources.
B) The rate of unemployment in this economy would have increased.
C) Consumption goods production has increased, but capital goods production has decreased.
D) The economy has decreased unemployment, but some degree of unemployment still exists.
E) This economy has achieved full employment.
Correct Answer:
Verified
Q107: Exhibit 2-9 Production possibilities curve 
Q108: Exhibit 2-13 Production possibilities curve 
Q109: Exhibit 2-11 Production possibilities curves 
Q110: Exhibit 2-12 Production possibilities curve 
Q111: Exhibit 2-13 Production possibilities curve 
Q113: Exhibit 2-10 Production possibilities curve data
Q114: Exhibit 2-8 Production possibilities curve data
Q115: Exhibit 2-13 Production possibilities curve 
Q116: Exhibit 2-9 Production possibilities curve 
Q117: Exhibit 2-10 Production possibilities curve data
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