The Idea That Tradeoffs Have to Be Made When Resources

question 126

Multiple Choice

The idea that tradeoffs have to be made when resources are scarce is reflected in the fact that:

• A)points below the production possibilities curve are efficient.
• B)points below the production possibilities curve are inefficient.
• C)the production possibilities curve has a negative slope.
• D)the slope of a linear production possibilities is constant.

---

Definitions:

Antietam Victory

Marks the victory of Union forces during the Battle of Antietam in the Civil War, which represents one of the bloodiest single-day battles in American history.

Robert E. Lee's Army

The principal military force of the Confederate States of America under the command of General Robert E. Lee during the American Civil War.

Confederates

Individuals or entities aligned with or supportive of the Confederate States of America, a group of southern states that seceded from the United States leading to the American Civil War from 1861 to 1865.