1: List some constraints on our labor force that prevent our fully using our plant and equipment 24 hours a day, seven days a week
2: When we are efficiently allocating our resources and using the best available technology, we are operating on our ________________________
3: Economic growth can be attained by:
4: Full employment implies an unemployment rate of about ____________ percent.
5: The law of increasing costs states that, as the output of one good expands, ________________________.
6a: If we were at point C, could we quickly produce substantially more houses and more cars?
6b: If we were at point M, could we quickly produce substantially more houses and more cars?
6c: If we were at point C, could we quickly go to point J?

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1 a child labor laws b Americans preference for da... View the full answer