-Refer to the Table Above, Which Gives Five Points on
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question 154

Multiple Choice

$$\begin{array} { | l | l | l | } \hline \text { Point } & \begin{array} { l } \text { Production } \\\text { of } X\end{array} & \begin{array} { l } \text { Production } \\\text { of } Y\end{array} \\\hline a & 0 & 40 \\\hline b & 4 & 36 \\\hline c & 8 & 28 \\\hline & 12 & 16 \\\hline e & 16 & 0 \\\hline\end{array}$$
-Refer to the table above, which gives five points on a nation?s PPF. The production of 7 units of X
And 28 units of Y is

• A) possible but leaves some resources less than fully used or misallocated.
• B) on the production possibilities frontier between points c and d.
• C) impossible given the available resources.
• D) on the production possibilities frontier between points b and c.

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Definitions:

American Republic

A term referring to the United States as a republic where the government is characterized by a separation of powers and driven by the principles of democracy.

Jay Treaty

A 1794 agreement between the United States and Great Britain that sought to settle outstanding issues remaining since the Treaty of Paris, which ended the Revolutionary War.

French Vessels

Ships or boats that are registered or originate from France.

Merchant Ships

Commercial vessels used in international trade to transport goods and sometimes passengers across seas and oceans.