A Nation Can Increase Its Production Possibilities By

question 51

Multiple Choice

A nation can increase its production possibilities by:

• A) shifting resources from investment good production to consumer good production.
• B) shifting resources from private goods to public goods.
• C) improving labor productivity.
• D) reducing international trade.

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Definitions:

Judiciary Act of 1789

The Judiciary Act of 1789 was a landmark statute enacted by the first United States Congress that established the federal judiciary of the United States.

Second Amendment

An amendment to the United States Constitution that protects the right of the people to keep and bear arms.

Well-Regulated Militia

historically refers to a group of citizens organized for military service in order to provide for the common defense, as mentioned in the Second Amendment.