At Any Particular Point in Time, the Output of the Economy

question 31

Multiple Choice

At any particular point in time, the output of the economy:

• A) is fixed because the supplies of capital and labor and the technology are fixed.
• B) is fixed because the demand for goods and services is fixed.
• C) varies because the supplies of capital and labor vary.
• D) varies because the technology for turning capital and labor into goods and services varies.

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Definitions:

Pre-Eclampsia

A life-threatening disease that can afflict pregnant women. It is characterized by high blood pressure.

Prenatal Care

Medical and healthcare provided to expectant mothers during pregnancy to ensure the health of both the mother and the fetus.

Rubella

A viral infection that can cause retardation and heart disease in the embryo. Also called German measles.

Birth Defects

Physical or biochemical abnormalities present at birth that can cause physical or mental disability.