Multiple Choice
The country of Econoland produces two goods,textbooks and widgets.Last year,it produced 200 textbooks and 500 widgets.This year,it produced 250 textbooks and 600 widgets.Given no other information,which of the following events could not explain this change?
A) Econoland experienced a reduction in unemployment.
B) Econoland experienced an improvement in widget-making technology.
C) Econoland acquired more resources.
D) Any of these events could,in fact,explain the change.
Correct Answer:
Verified
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