If an economy is producing at a point inside a production possibilities curve:
A) the economy is efficient.
B) there is economic growth.
C) resources are unemployed.
D) resources are fully employed.

Question

Quizplus · Accepted Answer

When an economy is producing inside the production possibilities curve, it indicates that not all resources are being used efficiently, meaning there is unemployment or underutilization of resources.

If an Economy Is Producing at a Point Inside a Production