Which Statement Is True

Multiple Choice

Which statement is true?

A) The U.S.standard of living is higher than that of India because we have more capital.
B) It is easier to attain full production than full employment.
C) We often operate outside our production possibility frontier.
D) All of the statements are true.
E) The U.S.standard of living is higher than that of India because we have more capital AND we often operate outside our production possibility frontier.