Multiple Choice
If a nation is operating at a point inside the production possibilities curve, it indicates that the nation could:
A) Increase its production of both goods X and Y simultaneously
B) Increase its production of one good, but only at the expense of reducing the other good
C) Not produce any more of one of the goods X or Y
D) Not employ any more resources because all resources are now employed
Correct Answer:

Verified
Correct Answer:
Verified
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