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    Business
  3. Study Set
    The Macro Economy Today
  4. Exam
    Exam 1: Economics: The Core Issues
  5. Question
    Using Figure 1
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Using Figure 1

Question 1

Question 1

Multiple Choice

  Using Figure 1.6,if an economy has the capacity to produce represented by PP1,then point E represents A) A combination of cars and SUVs that is not attainable. B) A constant trade-off between cars and SUVs. C) A change in technology. D) An efficient use of resources. Using Figure 1.6,if an economy has the capacity to produce represented by PP1,then point E represents


A) A combination of cars and SUVs that is not attainable.
B) A constant trade-off between cars and SUVs.
C) A change in technology.
D) An efficient use of resources.

Correct Answer:

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