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Use the Following to Answer Question(s)

Question 190

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Use the following to answer question(s) :
Exhibit: Production Possibilities Curve-Military and Civilian Goods
Use the following to answer question(s) :  Exhibit: Production Possibilities Curve-Military and Civilian Goods    -(Exhibit: Production Possibilities Curve-Military and Civilian Goods)  If an economy is at point U, and its production possibilities curve is Curve 1, this would indicate that: A)  resources are fully employed. B)  economic growth has taken place. C)  there is inefficiency and/or unemployment. D)  the economy is maximizing its economic objectives.
-(Exhibit: Production Possibilities Curve-Military and Civilian Goods) If an economy is at point U, and its production possibilities curve is Curve 1, this would indicate that:


A) resources are fully employed.
B) economic growth has taken place.
C) there is inefficiency and/or unemployment.
D) the economy is maximizing its economic objectives.

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