Multiple Choice
If an economy is producing a combination of goods that places it on the production possibilities curve, then it has:
A) economic growth.
B) full employment.
C) inefficiency.
D) idle factors of production.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q72: Human capital is:<br>A) the set of acquired
Q73: Britain imports some goods and exports other
Q74: Use the following to answer question(s): <br>Exhibit:
Q75: Any point inside a production possibilities curve
Q76: Resources from nature that can be used
Q78: The economy's factors of production are not
Q79: Technology is:<br>A) knowledge that can be applied
Q80: In a market capitalist economy:<br>A) factors of
Q81: Increases in resources or improvements in technology
Q82: In the 1980s, the federal government undertook