Some of Our Farm Fields Are Being Left Unused

question 99

Multiple Choice

Some of our farm fields are being left unused.Does this have any implications for the economy's PPF diagram (with agricultural products on one axis and all other products on the other axis) ?

• A) There are no implications because the PPF deals only with resources in use.
• B) The PPF cannot be drawn if some resources are idle.
• C) With unemployed resources,we are at a point below (inside)the PPF.
• D) The PPF would be upward sloping.

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Definitions:

Development

The process of economic growth, expansion, or realization of social and cultural potential within a country or region.

Railroad Industry

The sector of the economy focused on the construction, operation, and maintenance of railways for the transport of goods and passengers.

Settler Societies

Societies formed by the settlement of people from another land, often displacing indigenous populations and developing new cultural and political orders.

Indigenous People

Ethnic groups who are the original inhabitants of a given region, maintaining traditions or aspects of an early culture that is associated with a specific geographical region.