Multiple Choice
Which statement is true?
A) On the production possibilities frontier,we have five percent unemployment of labor.
B) On the production possibilities frontier,85 percent of capital is employed.
C) If we moved closer to the origin and further away from the production possibilities frontier,unemployment would increase.
D) To have economic growth,we must push the production possibilities frontier outwarD.
E) All of the statements are truE.
Correct Answer:

Verified
Correct Answer:
Verified
Q42: An increase in the unemployment rate would
Q50: The production possibilities curve tells us that
Q51: Statement I.Resources are often referred to as
Q52: Economic growth occurs when<br>A)a large part of
Q69: Statement I.Employment discrimination causes underemployment.<br>Statement II.The concept
Q144: The main reason our standard of living
Q161: In order to raise our rate of
Q190: Writer Thomas Friedman asserts that "America is
Q195: The opportunity cost of the war in
Q243: Economic growth is difficult for poor countries