
-If the economy of Exhibit B-10 was located at point E but has moved to point F, we would know that
A) it was impossible because it hasn't sufficient resources to make that move
B) the rate of unemployment increased
C) consumption goods production increased, but capital goods production decreased
D) its unemployment decreased, but at the expense of either capital or consumption goods production
E) it has achieved full employment
Correct Answer:
Verified
Q68: An example of an underemployed resource is
Q69: If a resource is unemployed, it
A) is
Q70: Which of the following would be an
Q71: Consider a two-goods (capital and consumption) production
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