Multiple Choice
Which of the following is an incorrect statement?
A) An economy with many unemployed workers and idle factories is not operating efficiently.
B) Idle factories represent unemployed capital resources.
C) A large amount of unemployed resources will shift the production possibilities curve outward.
D) Idle farms represent unemployed land resources.
Correct Answer:
Verified
Related Questions
Q63: Consider a production possibilities curve for an
Q64: Exhibit 3-4 Q65: The production possibilities curve illustrates: Q66: Exhibit 3-6 Q67: A production possibilities curve is negatively sloped![]()
A)the minimum quantity![]()