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-Refer to the Production Possibilities Frontier in the Figure Above

Question 45

Multiple Choice

  -Refer to the production possibilities frontier in the figure above. Suppose a country is producing at point a. A movement to point _ means that the country _ . A)  e; is not operating efficiently B)  b; is producing at an inefficient point. C)  d; gives up 10 million consumer goods. D)  d; must give up 20 million capital goods
-Refer to the production possibilities frontier in the figure above. Suppose a country is producing at point a. A movement to point _ means that the country _ .


A) e; is not operating efficiently
B) b; is producing at an inefficient point.
C) d; gives up 10 million consumer goods.
D) d; must give up 20 million capital goods

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