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sgy_89 sgy_89
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7 years ago
If a society is operating inside its production possibilities curve for guns and butter, then
A) to produce more guns it must sacrifice some butter.
B) to produce more butter it must sacrifice some guns.
C) some economic resources are unemployed.
D) economic growth must occur in order to move the economy to a point on the curve.
E) consumer preferences must have changed.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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VilaVila
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7 years ago
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sgy_89 Author
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Thanks for your help!!
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