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-Refer to the Production Possibilities Frontier in the Figure Above

Question 46

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

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