If an Economy Is Operating on Its Production Possibilities Curve

question 136

Multiple Choice

If an economy is operating on its production possibilities curve, it is:

• A) efficient and fully employed.
• B) fully employed but not necessarily efficient.
• C) efficiently producing but not necessarily fully employed.
• D) inevitably going to grow in the future.

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Definitions:

Javax.swing

A package in Java providing a set of lightweight components for building graphical user interfaces (GUIs).

Paint Method

A method in Java Swing and AWT used to handle the graphic rendering of components or custom drawings.

Graphics

Pertains to the visual elements, such as images, shapes, and texts, that are created, manipulated, and displayed using computers.

Coordinate System

A coordinate system is a system for assigning a pair or set of numbers to each point in a space, which typically represents its position or location.