If Germany Used All Its Resources to Produce Bread, Suppose

question 144

Multiple Choice

If Germany used all its resources to produce bread, suppose it could produce 40 million loaves of bread. If it used all its resources to produce milk, it could produce 20 million gallons of milk. Based on this, Germany's opportunity cost of producing a _____ is _____.

• A) loaf of bread; 1/2 a gallon of milk
• B) loaf of bread; 2 gallons of milk
• C) gallon of milk; 1/2 a loaf of bread
• D) gallon of milk; 1 loaf of bread

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Definitions:

Imperial Presidency

A term used to describe the modern presidency of the United States, which is characterized by greater powers than those enumerated in the U.S. Constitution.

Commander-In-Chief

The title held by the president of the United States as the highest-ranking officer in the country's armed forces, responsible for military decisions.

Southern Strategy

A political strategy in the United States that aimed to gain electoral support in Southern states by appealing to racism against African Americans.

Voting Rights Act

A landmark piece of federal legislation in the United States that prohibits racial discrimination in voting, signed into law in 1965 to ensure that all Americans, regardless of race or color, have the right to vote.