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A Point on a Nation's Production Possibilities Frontier Indicates

Question 73

Multiple Choice

A point on a nation's production possibilities frontier indicates:


A) an undesirable combination of goods and services.
B) combinations of output that are unattainable,given the current stock of resources and technology.
C) levels of production that will cause both unemployment and inflation.
D) that resources are fully utilized in producing a given combination of goods and services.

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