Multiple Choice
What occurs with a movement in a southeast direction along a production possibilities curve?
A) a reduction in unemployment
B) an increase in the production of one good with a decrease in production of the other
C) an increase in the production of both goods
D) an increase in unemployment
Correct Answer:

Verified
Correct Answer:
Verified
Q14: Which of the following will NOT shift
Q15: Which of the following best describes what
Q16: Any point NOT on the production possibilities
Q17: FIGURE 2-1<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5767/.jpg" alt="FIGURE 2-1
Q18: FIGURE 2-3<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5767/.jpg" alt="FIGURE 2-3
Q20: Three economic questions must be determined in
Q21: FIGURE 2-1<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5767/.jpg" alt="FIGURE 2-1
Q22: FIGURE 2-3<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5767/.jpg" alt="FIGURE 2-3
Q24: FIGURE 2-6<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5767/.jpg" alt="FIGURE 2-6
Q40: The opportunity cost of a particular good