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The Production Possibilities Curve Depicts the Combinations of Two Goods

Question 132

Multiple Choice

The production possibilities curve depicts the combinations of two goods that can be


A) viewed as creating international specialization, one country producing one good, the other a second good
B) produced with a given level of technology and set of resources
C) consumed with a given quantity of resources and level of technology
D) produced with varying levels of unemployment of resources
E) produced with varying levels of unemployment and underemployment of resources

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