The Diagram Below Shows Two Production Possibilities Boundaries for Country

question 51

Multiple Choice

The diagram below shows two production possibilities boundaries for Country X.
FIGURE 1- 4
-Comparison of economic systems indicates that

• A)most countries have mixed economies.
• B)most nations have either a purely socialist economy or a purely capitalist economy.
• C)all countries have largely traditional economies.
• D)socialist economies are clearly superior in producing consumer goods.
• E)capitalist economies are clearly superior in distributing income.

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