Solved

Use the Following to Answer Questions Production P Ossibilities S

Question 128

Multiple Choice

Use the following to answer questions Production P ossibilities S chedule 2

VWXYZ Capital goods per period 01234 Consumer goods per period 20181480\begin{array}{cccccc}&V & W & X & Y & Z\\\hline\text { Capital goods per period } & 0 & 1 & 2 & 3 & 4 \\\text { Consumer goods per period } & 20 & 18 & 14 & 8 & 0\end{array}
-(Exhibit: Production Possibilities Schedule 2) The production of 14 units of consumer goods and 1 unit of capital goods per period would:


A) result in full employment.
B) result in no unused resources.
C) result in some unused or inefficiently used resources.
D) increase economic growth.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions