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An "Increase in Efficiency" Suggests That an Economy

Question 198

Multiple Choice

An "increase in efficiency" suggests that an economy:


A) has moved from a point outside of, to a point on, its production possibilities curve.
B) has decided to produce more consumer goods and fewer capital goods.
C) has moved from a point on, to a point inside, its production possibilities curve.
D) is able to get more output from a given amount of inputs.

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