Solved

-In Year 2003- the Country of Exhibit B-6 Was Located

Question 78

Multiple Choice

  -In year 2003- the country of Exhibit B-6 was located at point A on its year 2003 production possibilities curve. In 2004 this country was located at point B on its 2004 production possibilities curve. This country A)  is producing the same quantity of capital goods in both years B)  is producing the same quantity of consumption goods in both years C)  had no economic growth between 2003 and 2004 D)  had higher unemployment in 2003 than in 2004 E)  had higher unemployment in 2004 than in 2003
-In year 2003- the country of Exhibit B-6 was located at point A on its year 2003 production possibilities curve. In 2004 this country was located at point B on its 2004 production possibilities curve. This country


A) is producing the same quantity of capital goods in both years
B) is producing the same quantity of consumption goods in both years
C) had no economic growth between 2003 and 2004
D) had higher unemployment in 2003 than in 2004
E) had higher unemployment in 2004 than in 2003

Correct Answer:

verifed

Verified

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

Related Questions