Multiple Choice
Which of the following is NOT true of a nation's production-possibility curve?
A) The production-possibility curve shows all combinations of amounts of different products that an economy can produce when its resources are fully employed.
B) Points inside the production-possibility curve are feasible, but may represent unemployment of some of the economy's resources.
C) Points outside the production-possibility curve are not feasible production points given the resources in the economy.
D) The negative slope of the production-possibility curve indicates declining productivity.
Correct Answer:

Verified
Correct Answer:
Verified
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