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If All Resources Are Used Efficiently to Produce Goods and Services

Question 1

Multiple Choice

If all resources are used efficiently to produce goods and services, where on the production possibilities frontier will a nation will find itself producing?  


A)  inside its production possibilities frontier 
B)  somewhere on its production possibilities frontier 
C)  outside of its production possibilities frontier 
D)  at two points on its production possibilities frontier

Correct Answer:

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