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If a society's consumption possibilities are identical to its production possibilities,that society has a(n)
Proposal
A formal suggestion or plan put forward for consideration or discussion by others.
Percentage
A way of expressing a number as a fraction of 100, used to compare proportions or calculate ratios.
Efficiency Loss
The loss of economic efficiency that can occur when the equilibrium for a good or a service is not achieved or is unattainable.
Tax
Compulsory financial obligation or different form of levy placed on a taxpayer by a government entity to finance public spending.
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