Which of the following would not be an indication of productive inefficiency within an economy?
A) High levels of unemployment
B) No unemployment
C) Unused factory buildings
D) Idle machinery
Correct Answer:
Verified
Q5: An outward shift in the Production Possibility
Q6: The resources of an economy at any
Q7: An outward shift in the Production Possibility
Q8: Any combination of products on the Production
Q9: An increase in demand will automatically shift
Q10: The fact that output has to be
Q11: If an economy is operating within its
Q12: The opportunity cost of producing a good
Q14: Increased investment in capital goods will likely
Q15: Which of the following is not associated
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents