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Suppose There Is No Unemployment in the Economy and Society

Question 45

Multiple Choice
Suppose there is no unemployment in the economy and society decides that it wants more of one good.Which of the following statements is true? A)It can only achieve this with an advance in technology. B)It can increase output without giving up another good. C)It can only achieve this with an increase in resource supplies. D)It will have to give up production and consumption of some other good.

Suppose there is no unemployment in the economy and society decides that it wants more of one good.Which of the following statements is true?


A) It can only achieve this with an advance in technology.
B) It can increase output without giving up another good.
C) It can only achieve this with an increase in resource supplies.
D) It will have to give up production and consumption of some other good.

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