An economy that moves from a point inside its production possibilities curve to a point on the curve
A) is creating a more equal income distribution.
B) is finding that all of its resources are equally well suited to producing all goods.
C) is producing the combination of outputs preferred by a majority of citizens.
D) is putting previously unemployed resources to work.
Correct Answer:
Verified
Q34: Q35: Q36: Points beyond the production possibilities curve Q37: The president of the United States promises Q38: What would cause the production possibilities curve Q40: What is TRUE of all output combinations Q41: What is TRUE of all output combinations Q42: If you can make $20,000 a year Q43: If you can earn $10 an hour Q44: The goal of economic theory is to![]()
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A) correspond
A)
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