Solved

Consider a Production Possibility Frontier for Italy

Question 255

Multiple Choice

Consider a production possibility frontier for Italy.If in 2016 Italy's resources are not being fully utilized,Italy will be somewhere _____ of its production possibility frontier.


A) inside
B) outside
C) near the bottom
D) near the top

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q250: In the circular-flow diagram,a household is a(n):<br>A)entity

Q251: Which statement is positive?<br>A)The rate of unemployment

Q252: All points inside the production possibility frontier

Q253: If the opportunity cost of manufacturing machinery

Q254: Use the following to answer question:<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6643/.jpg"

Q256: Use the following to answer question:<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6643/.jpg"

Q257: The financial meltdown in 2008-2009 was partially

Q258: Nations can gain from trade with other

Q259: Use the following to answer question: <img

Q260: The economy with the LOWEST opportunity cost