Any Point Inside the Production Possibilities Curve Indicates

question 295

Multiple Choice

Any point inside the production possibilities curve indicates

• A) the presence of technological change.
• B) that resources are imperfectly substitutable among alternative uses.
• C) the presence of inflationary pressures.
• D) that more output could be produced with the available resources.

---

Definitions:

Property Qualifications

Historical voting or office-holding requirements that individuals own property of a certain value to participate in the political process.

Holding Office

The term refers to the duration or period in which an individual serves in a particular position or office.

Landed Gentry

Refers to the class of wealthy landowners in Britain who held significant social status but did not possess titles of nobility.

Republicanism

A political ideology centered around the concept of a republic, where the government is a public matter and the public matters are decided by elected representatives of the population.