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The Production Possibility Frontier Illustrates That

Question 161

Multiple Choice

The production possibility frontier illustrates that:


A) the economy will automatically end up at full employment.
B) an economy's productive capacity increases one-for-one with its population.
C) if all resources of an economy are being used efficiently,more of one good can be produced only if less of another good is produced.
D) economic production possibilities have no limit.

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