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If the Economy Is Operating at a Point Beyond Its

Question 116

Multiple Choice

If the economy is operating at a point beyond its institutional production possibilities frontier (institutional PPF) ,then the economy is


A) producing Natural Real GDP and operating at the natural unemployment rate.
B) producing less than Natural Real GDP and operating below the natural unemployment rate.
C) producing more than Natural Real GDP and operating above the natural unemployment rate.
D) producing more than Natural Real GDP and operating below the natural unemployment rate.
E) none of the above

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