Multiple Choice
Figure 1.2
-What is happening if the economy moves from point A to point C in Figure 1.2?
A) Previously unemployed resources are now being used to produce more civilian goods and more military goods.
B) Resources that were initially being used to produce military goods are now being used to produce civilian goods.
C) Resources that were initially being used to produce civilian goods are now being used to produce military goods.
D) Unemployment has increased.
Correct Answer:
Verified
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