Zetaland Produces Widgets and Gadgets

question 13

Multiple Choice

Zetaland produces widgets and gadgets. At current levels of output, it can produce more of both. We can conclude that

• A) Zetaland is at full employment.
• B) opportunity cost is maximized.
• C) some resources are not being used.
• D) the economy is on the production possibilities frontier.

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Definitions:

REM Sleep

Rapid Eye Movement sleep, a unique phase of sleep characterized by fast and random movements of the eyes, vivid dreaming, and increased brain activity.

Delta Wave Sleep

A stage of sleep associated with deep, restorative sleep, characterized by the presence of delta waves in the brain.

Gaza Strip

A narrow territory along the eastern coast of the Mediterranean Sea, known for its historical, geopolitical, and humanitarian complexities.

Threatening Events

Situations or occurrences perceived as dangerous or potentially harmful to an individual's physical or psychological well-being.