Which statement is true?
A)On the production possibilities frontier,we have five percent unemployment of labor.
B)On the production possibilities frontier,85 percent of capital is employed.
C)If we moved closer to the origin and further away from the production possibilities frontier,unemployment would increase.
D)To have economic growth,we must push the production possibilities frontier outwarD.
E)All of the statements are true.

Question

Quizplus · Accepted Answer

The Answer of Which statement is true?
A)On the production possibilities frontier,we have five percent unemployment of labor.
B)On the production possibilities frontier,85 percent of capital is employed.
C)If we moved closer to the origin and further away from the production possibilities frontier,unemployment would increase.
D)To have economic growth,we must push the production possibilities frontier outwarD.
E)All of the statements are true.

Which Statement Is True