Multiple Choice
How are the slope of a production possibilities frontier and the opportunity cost of the goods related?
A) The slope is a graphical representation of the cost of expanding production of both goods.
B) The slope is a graphical measure of the growth rate of the economy.
C) The slope is a graphical representation of the cost of decreasing unemployment.
D) The slope is a graphical representation of the rate of trade-off between the goods.
E) The slope is a graphical representation of the cost of economic growth in the economy.
Correct Answer:

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Correct Answer:
Verified
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