The main reason economists are concerned about the problem of idle or unemployed resources is that:
A) high rates of crime are related to high rates of unemployment.
B) high rates of inflation are caused by idle land, labor, and capital resources.
C) government benefits paid to unemployed workers put stress on the federal budget.
D) unemployed resources mean less production and a lower standard of living for the nation.
Correct Answer:
Verified
Q56: Exhibit 3-3 Q57: Exhibit 3-4 Q58: Exhibit 3-4 Q59: Exhibit 3-3 Q60: Exhibit 3-4 Q62: Exhibit 3-4 Q63: Consider a production possibilities curve for an Q64: Exhibit 3-4 Q65: The production possibilities curve illustrates: Q66: Exhibit 3-6 Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents![]()
![]()
![]()
![]()
![]()
![]()
![]()
A)the minimum quantity![]()