A Point Inside the Production Possibilities Frontier Illustrates a Situation

question 177

True/False

A point inside the production possibilities frontier illustrates a situation in which resources are not fully employed.

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Definitions:

Supremacy Clause

Article VI, Paragraph 2, of the U.S. Constitution, which states that the Constitution and all laws and treaties of the United States constitute the supreme law of the land. Thus, any state or local law that directly conflicts with the U.S. Constitution or federal laws or treaties is void.

Federal Laws

Laws enacted by the national government that apply throughout the country.

Intermediate Scrutiny

A standard of review under which a law must be necessary to achieve a substantial, or important, government interest and must be narrowly tailored to that interest.

Gender-based Classification

the categorization or differentiation of individuals based on their gender, which can raise legal issues particularly when it leads to discrimination.