If an Economy Is Operating at a Point Inside the Production

question 136

Multiple Choice

If an economy is operating at a point inside the production possibilities frontier, then

• A) society's resources are being used to produce too many consumer goods.
• B) economic policy must retard further growth of the economy.
• C) society's resources are being inefficiently utilised.
• D) the PPF curve will shift inward.

---

Definitions:

Hyaline Cartilage

A type of connective tissue found in various parts of the body such as the nose, trachea, and larynx, characterized by its glossy, translucent appearance.

Tendons

Strong connective tissues that connect muscles to bones, transmitting the force that allows movement.

Ligaments

Strong, flexible fibers that connect bones to other bones at joints.

Extracellular Matrix

A complex network of proteins and carbohydrates surrounding cells, providing structural and biochemical support to the surrounding cells.