A society that is on its production possibility curve
...A society that is on its production possibility curve
Has attained full employment but not full production
Has attained full production but not full employment
Is using its resources inefficiently
Has attained both full employment and full production
Has a lower output level than it should have
Correct answer is D
No explanation has been provided for this answer.
Malthus population theory stated that ...
The largest part of the revenue of a country is derived from ...
Public expenditure on on education and health is known as expenditure on ...
If the last naira spent on each commodity by a consumer gave him equal satisfaction, it means t...
The shares which do not carry any fixed rate of dividend are known as ...
The mean is the best measure of central tendency because it__________ ...
Net National Product (NNP) is equal to the ...
In order to calculate total utility (TU) from given levels of marginal utility (MU), one has to ...