Any Point Inside the Production Possibilities Curve Indicates

question 44

Multiple Choice

Any point inside the production possibilities curve indicates:

• A)that resources are imperfectly shiftable among alternative uses
• B)the presence of inflationary pressures
• C)that more output could be produced with available resources
• D)that the economy is saving a part of its income
• E)that some of an economy's potential output is not desired by consumers