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AP Macroeconomics 1.1-1.3 Quiz Flashcards | StudBud
AP Macroeconomics 1.1-1.3 Quiz
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For an economy that is operating inside its production possibilities curve, which of the following is true?
A
It cannot move to a point on the PPC with available technology.
B
It can increase the production of both goods.
C
It is using all available resources efficiently.
D
Its population is growing faster than the economy can increase production.
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