Use the following to answer questions :
-(Table: Production Possibilities Schedule II) Look at the table Production Possibilities Schedule II. The production of eight units of consumer goods and two units of capital goods per period would result in:
A)full employment.
B)no unused resources.
C)some unused or inefficiently used resources.
D)increased economic growth.

Question

Use the following to answer questions : 
-(Table: Production Possibilities Schedule II) Look at the table Production Possibilities Schedule II. The production of eight units of consumer goods and two units of capital goods per period would result in:
A)full employment. 
B)no unused resources. 
C)some unused or inefficiently used resources. 
D)increased economic growth.

Quizplus · Accepted Answer

According to the table, producing eight units of consumer goods and two units of capital goods per period is not on the production possibilities curve, which means it is either inefficient or there are unused resources. Therefore, the answer is some unused or inefficiently used resources (option C).

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