Multiple Choice
Use the following to answer question(s) :
Exhibit: Production Possibilities Curve-Military and Civilian Goods
-(Exhibit: Production Possibilities Curve-Military and Civilian Goods) The movement from point G on Curve 1 to point E on Curve 2 means that the:
A) economy has grown.
B) economy has become less efficient.
C) quality and/or the quantity of the factors of production has decreased.
D) demand for military goods has risen.
Correct Answer:

Verified
Correct Answer:
Verified
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