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:

Vision

The ability to see; the sense mediated by the eyes that allows for the perception of light, color, and depth.

Vitreous Body

The transparent gel-like substance filling the eye between the lens and the retina, providing it with its spherical shape.

Aqueous Humor

A clear, watery fluid found between the lens and the cornea of the eye, providing nutrition and maintaining intraocular pressure.

Eyeball

The sphere-shaped organ of vision contained within the orbit of the skull.