Refer to the figure below. This economy would be operating at point B if: A.it was operating efficiently. B.resources that are better-suited to making movies were being used to make milk, while resources that are better-suited to making milk were being used to make movies. C.the … 阅读详情>> "Refer to the figure below. This economy would be operating at point B if:"

Refer to the figure below. If this economy were currently operating at point D, then in order to make more movies: A.no productive resources would need to switch from making milk to movies because point D is already efficient. B.the first productive resources to switch to making … 阅读详情>> "Refer to the figure below. If this economy were currently operating at point D, then in order to make more movies:"

The figure below shows Avery’s weekly production possibilities curve for scarves. For Avery, the opportunity cost of making a red scarf is: A.decreasing. B.1 blue scarf. C.increasing. D.zero. 正确答案：1 blue scarf.

The figure below shows Avery’s weekly production possibilities curve for scarves.Avery’s PPC would shift outward if she: A.knits fewer red scarves and more blue scarves each week. B.knits more red scarves and fewer blue scarves each week. C.devotes less time to knitting each week … 阅读详情>> "The figure below shows Avery’s weekly production possibilities curve for scarves.Avery’s PPC would shift outward if she:"

Economic growth can result from a(n): A.increase in the amount of productive resources. B.increase in the amount of consumer goods produced. C.decrease in the number of workers available. D.increase in number of the minimum wage jobs. 正确答案：increase in the amount of productive res … 阅读详情>> "Economic growth can result from a(n):"

Which of the following is NOT a reason why there are gains to specialization? A.It further improves skills through experience and practice. B.It increases the amount productive resources in the economy. C.It eliminates many of the costs of switching from one task to another. D.It … 阅读详情>> "Which of the following is NOT a reason why there are gains to specialization?"

An increase in an economy’s productive resources will lead the production possibilities curve to: A.stay the same. B.shift inward. C.shift outward. D.become flatter. 正确答案：shift outward.

Suppose that Nepal invests less in new factories and equipment than does the United States. This will likely cause: A.The U.S.’s production possibilities curve to shift outward faster than Nepal’s. B.The U.S.’s production possibilities curve to shift inward faster than Nepal’s. C … 阅读详情>> "Suppose that Nepal invests less in new factories and equipment than does the United States. This will likely cause:"

If a nation restricts imports, it will: A.harm each individual citizen in that nation. B.benefit each individual citizen in that nation. C.increase the total value of goods and services produced in that nation. D.decrease the total value of goods and services produced in that nat … 阅读详情>> "If a nation restricts imports, it will:"

Regarding specialization, it is generally true that: A.more specialization is always worse. B.less specialization is always better. C.more specialization is always better. D.specialization imposes costs as well as benefits. 正确答案：specialization imposes costs as well as benefits.

You are the Minister of Trade for a small island country with the following annual PPC. You are negotiating a trade agreement with a neighboring island with the following annual PPC. As soon as you see the other island’s PPC, you realize there are: A.gains from trade because your … 阅读详情>> "You are the Minister of Trade for a small island country with the following annual PPC. You are negotiating a trade agreement with a neighboring island with the following annual PPC. As soon as you see the other island’s PPC, you realize there are:"

You are the Minister of Trade for a small island country with the following annual PPC. You are negotiating a trade agreement with a neighboring island with the following annual PPC. If the other island’s delegate offers to give you 2 fish for every 1 coconut you give them, you w … 阅读详情>> "You are the Minister of Trade for a small island country with the following annual PPC. You are negotiating a trade agreement with a neighboring island with the following annual PPC. If the other island’s delegate offers to give you 2 fish for every 1 coc"