If substantial internal scale economies exist, production of a commodity tends to be concentrated in a few large facilities in a few countries.
Answer the following statement true (T) or false (F)
True
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A principal cause of the business cycle is the changes in total spending that occur in the overall economy
a. True b. False Indicate whether the statement is true or false
Society's resources include
a. land and labor b. labor and machinery c. land, labor, and capital d. land, capital, and money e. labor, capital, and money
An economy is judged efficient if
a. it is good at producing what people want. b. it produces things that people may not want but in the least wasteful way. c. produces whatever people want in a way that may not be the least wasteful. d. it is a free-market economy and not a command market.
Use the following graph to answer the next question. 
The massive increase in government spending during World War II moved the economy in the span of a few short years from mass unemployment and price stability to "overfull" employment. This situation can be best illustrated in the figure above as a ________.
A. shift from AD2 to AD1 B. movement along AD1 from Q4 to Q1 C. movement along AD2 from Q2 to Q3 D. shift from AD1 to AD2