Font Paragraph Styles Editing Vo 7. Full employment is always consistent with a. a point below the production possibilities curve b. a point above the production possibilities curve C. a point on the production possibilities curve none of the above 8. The statement, "Government should spend more on helping the poor" is a an example of good science b . an example of a positive statement C . an expression of one's opinion an example of a normative statement both c and d above are correct 9. The basic difference between a consumption good and an investment good is that the a production of investment goods is always done by the public sector, and never by anyone in the private sector b. production of consumption goods does not allow for the specialization of labor C. production of investment goods produces satisfaction in the future while the production of consumption goods produces satisfaction now d. production of consumption goods is subject to personal and corporate income taxes 10. Which of the following factors does not lead to an outward shift of a society's production possibilities curve for guns and butter? a. new technology that reduces the cost of producing guns b. new technology that reduces the cost of producing butter C. expenditures that raise a nation's capital stock d. a reduction in unemployment