What might cause a country to operate within its production possibilities curve?
A) Unemployment
B) Total efficiency in industry
C) A new resource being discovered
D) A lack of modern products being produced
Correct Answer:
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Q17: Q18: Q19: Economic growth results from Q20: The downward-slope of the production possibilities curve Q21: The slope of the production possibilities curves Q23: When economists assume that people are motivated Q24: The production possibilities curve represents Q25: Which one of the following statements is Q26: In moving from point to point along Q27: Technology can cause the production possibilities curve
A) lower prices.
B) higher
A) possible combinations
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