The PPF shifts if
A: the unemployment rate falls.
B: people decide they want more of one good and less of another.
C: the prices of the goods and services produced rise.
D: the resources available to the nation change.
A: the unemployment rate falls.
B: people decide they want more of one good and less of another.
C: the prices of the goods and services produced rise.
D: the resources available to the nation change.
举一反三
- The PPF shifts if ( ) A: the unemployment rate falls. B: people decide they want more of one good and less of<br/>another. C: the prices of the goods and services produced rise. D: the resources available to the nation change.
- Along a country's PPF A: Resources are not fully utilised B: More of one good is being produced without giving up some of the other goods C: Available resources are being used efficiently D: The level of technology is changing
- Businesses are more willing to sell a product when the price _____ and less willing to sell it when prices _____. A: rises / rise B: rises / fall C: falls / rise D: falls / rise
- If an economy is productively efficient: A: Everyone is wealthy B: Resources are unemployed C: More of one product can only be produced if less of another product is produced D: The distribution of income is equal
- In the circular flow model, for every flow of goods, services, and<br/>resources there is a counter-flow of’ ( ) A: more goods, services, and resources. B: people from firms to households. C: people from households to firms. D: money.