When an Economy's Resources Are Not Fully Employed, Then It

question 63

Multiple Choice

When an economy's resources are not fully employed, then it must be true that the:

• A) production point is located outside and to the right of the production possibilities frontier.
• B) production point is located along the production possibilities frontier.
• C) production point is located inside and to the left of the production possibilities frontier.
• D) production possibilities frontier shifts to the right.

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Definitions:

Human Right

A fundamental right that is believed to belong to every person, regardless of race, gender, nationality, ethnicity, language, religion, or any other status.

Tortured

Subjected to intense physical or mental suffering.

Free Health Care

A health system where medical services are provided at no direct cost to the patient, often funded through taxation or public insurance.

Plutocracies

Societies or systems where power is held by the wealthiest individuals or families.