A Basic Assumption in Comparing the Production Possibilities Curves of Two

question 205

Multiple Choice

A basic assumption in comparing the production possibilities curves of two nations is that those possibilities curves reflect differences in

• A)consumer tastes and preferences.
• B)resource availability and technological capabilities.
• C)the nations' incomes and income distribution.
• D)unemployment and inflation rates.

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Definitions:

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A feature in Microsoft Office applications that allows users to copy multiple items (texts, images, etc.) for future use.

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