Multiple Choice
The main reason economists are concerned about the problem of idle or unemployed resources is that:
A) high rates of crime are related to high rates of unemployment.
B) high rates of inflation are caused by idle land, labor, and capital resources.
C) government benefits paid to unemployed workers put stress on the federal budget.
D) unemployed resources mean less production and a lower standard of living for the nation.
Correct Answer:

Verified
Correct Answer:
Verified
Q103: Exhibit 3-13 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5768/.jpg" alt="Exhibit 3-13
Q104: Which of the following is NOT illustrated
Q105: Exhibit 3-4 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5768/.jpg" alt="Exhibit 3-4
Q106: Excessive unemployment of resources is illustrated using
Q107: Along a production possibilities curve that is
Q109: An economist defines efficiency as:<br>A)the maximization of
Q110: Given its production possibilities curve, the optimal
Q111: Alex must prepare for exams in both
Q112: Exhibit 3-4 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5768/.jpg" alt="Exhibit 3-4
Q113: Which of the following distinguishes a "straight-line"