Multiple Choice
A production possibilities curve shows
A) that in order to acquire more of one good,none of the alternative good must be given up.
B) that in order to acquire more of one good,some of the alternative good must be given up.
C) that any amount of goods could be produced by society if people worked harder.
D) various combinations of guns and butter that can be produced under conditions of 6 percent unemployment.
Correct Answer:

Verified
Correct Answer:
Verified
Q171: A political candidate promises voters more funding
Q172: Which of the following is not an
Q173: One way to attain a faster rate
Q174: All of the following statements are true
Q175: Which one of the following is the
Q177: The closer we are to the production
Q178: We temporarily operated outside the production possibilities
Q179: "The value of the next best alternative"
Q180: Andrew Carnegie,Steven Jobs and Sam Walton were
Q181: Jeff's entertainment budget is divided between $8