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An Inward Shift of a Nation's Production Possibility Frontier Represents

Question 33

Multiple Choice
An inward shift of a nation's production possibility frontier represents:

An inward shift of a nation's production possibility frontier represents:


A) economic decline.
B) rising prices of the two goods on the production possibility frontier model.
C) an impossible situation.
D) a situation in which a country produces more of one good and less of another.

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