Suppose There Is No Unemployment in the Economy and Society

question 50

Multiple Choice

Suppose there is no unemployment in the economy and society decides that it wants more of one good.Which of the following statements is true?

• A)It can only achieve this with an advance in technology.
• B)It can increase output without giving up another good.
• C)It can only achieve this with an increase in resource supplies.
• D)It will have to give up production and consumption of some other good.

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Definitions:

Elephant Tusk

The elongated incisor, usually very large, of an elephant, valued for its ivory.

Produced Figure

Artwork or sculpture of a figure that has been created or manufactured, often implying a sense of craft or artistic production.

Kingdom of Benin

The Kingdom of Benin, located in modern-day Nigeria, was a pre-colonial African kingdom known for its advanced governance, trade networks, and distinctive brass sculptures known as the Benin Bronzes.

Portuguese

Referring to something or someone from Portugal, including its language, culture, or people.