If a Society Is Operating at a Point Inside Its

question 402

Multiple Choice

If a society is operating at a point inside its production possibilities frontier, then this society's

• A) resources are being inefficiently utilized.
• B) production possibilities frontier will shift rightward.
• C) resources are being used in the most efficient manner.
• D) economy will grow too fast.

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Definitions:

United States Agency

Generic term for any of various organizations of the United States government, responsible for specific functions.

International Development

A sector concerned with improving the economic, political, and social quality of life for people in developing countries through aid, investment, and policy.

U.S. Aid

Financial or material assistance provided by the United States to other countries, aimed at promoting economic development and welfare.

Freer International Trade

The reduction or elimination of barriers to exchange and trade between countries, such as tariffs and quotas.