THE IMPLIED PRODUCTION POSSIBILITIES CURVE BETWEEN WORK TIME AND G...

145.The implied production possibilities curve between work time and grades suggests that more hours spent working will mean more income, but also less study time and a lower grade average.→ TrueFalse AACSB: AnalyticBlooms: UnderstandDifficulty: 2 MediumLearning Objective: 01-05 Apply production possibilities analysis; increasing opportunity costs; and economic growth.True / False Question Topic: Unemployment, growth, and the future