Which would result in a change in the PPC A) an influx of immigrants from other countries B) the discovery of an abundant natural resources C) drought D) all of the above
D
Oops!
Check
Okay!
Check
15
manufactured good used to produce other goods or services
Capital Goods
Oops!
Check
Okay!
Check
25
What is Mr. Moltoni's favorite baseball team?
Yankees
Oops!
Check
Okay!
Check
15
Consumers are expected to read the full information about a product before making a purchase. This is an example of a consumer's ___________
Responsibilities
Oops!
Check
Okay!
Check
25
The efficient use of scarce resources leads to an increase in
productivity
Oops!
Check
Okay!
Check
trap
No points!
Oops!
fairy
Take points!
5
10
15
20
25
shark
Other team loses 25 points!
Okay!
thief
Give points!
5
10
15
20
25
5
T/F People's needs are limited.
False
Oops!
Check
Okay!
Check
seesaw
Swap points!
Oops!
magnet
Take 25 points!
Okay!
fairy
Take points!
5
10
15
20
25
thief
Give points!
5
10
15
20
25
thief
Give points!
5
10
15
20
25
gold
Win 50 points!
Okay!
fairy
Take points!
5
10
15
20
25
thief
Give points!
5
10
15
20
25
15
When deciding how to use resources, you need to evaluate the costs and benefits of each choice to decide which meets your criteria. These are called
trade-offs
Oops!
Check
Okay!
Check
15
this graph represents the range of production possibilities
production possibilities curve
Oops!
Check
Okay!
Check
5
T/F - Scarcity is an economic problem with which all societies are faced.
True
Oops!
Check
Okay!
Check
15
a fundamental problem in every society
scarcity
Oops!
Check
Okay!
Check
15
T/F - Economic growth usually can be achieved without investing in new resources.
False
Oops!
Check
Okay!
Check
15
This is how we measure a country output and economic health