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 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
- If an economy is producing<br/>efficiently, then ____ A: there is no way to produce<br/>more of one good without producing less of another good. B: it is possible to produce<br/>more of both goods without increasing the quantities of inputs that<br/>are being used. C: it is possible to produce<br/>more of one good without producing less of the other. D: it is not possible to<br/>produce more of any good at any cost.