Solved

Figure 1.2 -What Is Happening If the Economy Moves from Point a Point

Question 32

Multiple Choice

Figure 1.2 -What is happening if the economy moves from point A to point B in Figure 1.2? A) Resources that were initially being used to produce military goods are now being used to produce civilian goods. B) Resources that were initially being used to produce civilian goods are now being used to produce military goods. C) Previously unemployed resources are now being used to produce more civilian goods. D) Previously unemployed resources are now being used to produce more military goods. Figure 1.2
-What is happening if the economy moves from point A to point B in Figure 1.2?


A) Resources that were initially being used to produce military goods are now being used to produce civilian goods.
B) Resources that were initially being used to produce civilian goods are now being used to produce military goods.
C) Previously unemployed resources are now being used to produce more civilian goods.
D) Previously unemployed resources are now being used to produce more military goods.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q27: Technology can cause the production possibilities curve

Q28: Figure 1.2 -In</p></div><svg width=

Q29: Figure 1.2 -At</p></div><svg width=

Q30: Figure 1.2 -If</p></div><svg width=

Q31: Figure 1.2 -If</p></div><svg width=

Q33: Figure 1.2 -What</p></div><svg width=

Q34: Figure 1.2 -What</p></div><svg width=

Q35: Figure 1.2 -What</p></div><svg width=

Q36: Points beyond the production possibilities curve
A) correspond

Q37: The president of the United States promises

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents