If the Economy Is Operating at Full Employment and Using

question 6

Multiple Choice

If the economy is operating at full employment and using resources efficiently, then an increase in spending for homeland security this year will:

• A) require that resources be reallocated to homeland security services without sacrificing any alternative goods and services.
• B) be possible if resources are reallocated to homeland security services, but it will also mean that the output of some other goods and services will have to fall.
• C) be impossible.
• D) be possible only if there is an improvement in technology or more resources made available.

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Definitions:

Scientific Forestry

A method of managing forests based on principles of conservation and sustainability, often through the application of scientific research.

France and Germany

Two major European countries with a complex history of rivalry and cooperation, playing significant roles in European politics and the development of the European Union.

Poland

A country located in Central Europe, known for its historical heritage, cultural contributions, and resilience through periods of conflict and division.

Borderlands

Regions near or along a border, characterized by unique cultural, social, and economic dynamics influenced by the proximity of two distinct entities.