If the United States consumption possibilities are greater than its production possibilities, then the United States must have
A) a closed economy.
B) an open economy.
C) autarky.
D) protectionism.
Correct Answer:
Verified
Q44: The following graph shows the production possibilities
Q45: The following graph shows the production possibilities
Q46: The following graph shows the production possibilities
Q47: Sheila and Jim live in an island
Q48: The accompanying figure shows the annual production
Q50: The following graph shows the production possibilities
Q51: Sheila and Jim live in an island
Q52: The following graph shows the production possibilities
Q53: Sheila and Jim live in an island
Q54: Sheila and Jim live in an island
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