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

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 economy

A) produces less of both goods in 2004 than in 2003
B) produces less of capital goods in 2004 than in 2003
C) is more efficient in 2004 than in 2003
D) experienced economic growth since 2003
E) had higher unemployment in 2004 than in 2003