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  3. Study Set
    Principles of Macroeconomics
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    Exam 2: Thinking Like an Economist
  5. Question
    Which Concept Is NOT Illustrated by the Production Possibilities Frontier
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Which Concept Is NOT Illustrated by the Production Possibilities Frontier

Question 2

Question 2

Multiple Choice

Which concept is NOT illustrated by the production possibilities frontier?


A) efficiency
B) opportunity cost
C) equity
D) tradeoffs

Correct Answer:

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