Multiple Choice
Suppose drought destroys many millions of acres of valuable Canadian farmland.The effect on the Canadian economy would be to move
A) it along its production possibilities boundary.
B) its production possibilities boundary inward.
C) it beyond its production possibilities boundary.
D) its production possibilities boundary outward.
E) None of the above.There would be no change in Canada's production possibilities boundary.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Suppose Amin has a job that pays
Q3: The table below illustrates that,in one day,Tristan
Q4: If there is always a three-for-one trade-off
Q5: During economic recessions,the opportunity cost of going
Q6: Which of the following is illustrated by
Q7: A modern economy like Canada's is largely
Q8: A small landscaping firm purchases a tractor
Q9: In recent years,several large Canadian-owned mining and
Q10: The table below illustrates that,in one day,Tristan
Q11: The key decision makers in a market