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    Foundations of Macroeconomics
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    Exam 6: Efficiency and Fairness of Markets
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    To Achieve Allocative Efficiency,an Economy
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To Achieve Allocative Efficiency,an Economy

Question 216

Question 216

Multiple Choice

To achieve allocative efficiency,an economy


A) must produce on its PPF.
B) does not necessarily need to be production efficient.
C) must have increases in technology.
D) might leave some resources unemployed.
E) can produce either on or within its PPF.

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