Solved

Which Statement Is True

Question 239

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:

verifed

Verified

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

Related Questions