If a nation is currently operating at a point inside its production possibilities curve,it
A) must shift resources from producing one good to produce more of an alternative good.
B) is fully employing all of its resources.
C) is operating beyond its possible capacity.
D) is utilizing its resources efficiently.
E) none of the choices are truE.
Correct Answer:
Verified
Q142: Statement I: In the modern global economy,if
Q143: Q148: Q150: Capital refers to Q153: Statement I: Institutional constraints such as "blue Q162: Japan could shift its production possibilities curve Q163: Which of the following events in U.S.history Q165: The economic problem refers to Q169: A production possibilities frontier demonstrates Q177: An inward shift of the production possibilities![]()
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A)"man"-made goods used to produce
A)not having enough
A)that there are
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