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    Macroeconomics Study Set 17
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    Exam 2: Trade-Offs, Comparative Advantage, and the Market System
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    ________ Shows That If All Resources Are Fully and Efficiently
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________ Shows That If All Resources Are Fully and Efficiently

Question 192

Question 192

Multiple Choice

________ shows that if all resources are fully and efficiently utilized,more of one good can be produced only by producing less of another good.


A) Comparative advantage
B) Absolute advantage
C) The mixed market system
D) The production possibilities frontier model

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