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Referring to a Production Possibilities Curve and the Goods Being

Question 12

Multiple Choice

Referring to a production possibilities curve and the goods being compared,depict the economic event.The Soviet Union entered World War II at a full employment production level (guns vs.butter) .


A) A movement from a point inside the curve to a point on or near the curve
B) A movement from a point on or near the curve to a point inside the curve
C) A shift in the entire curve to the right (outward)
D) A shift in the entire curve to the left (inward)
E) A movement along the curve

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