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Which Pair of Words Does Not Complete the Sentence Below

question 61

Multiple Choice

Which pair of words does not complete the sentence below correctly? A ________ is a ________.


Definitions:

Economic Shift

A significant change in the condition or direction of an economy, often marked by a variation in key economic indicators.

Production Possibility Frontier

The production possibility frontier is a curve illustrating the maximum feasible amounts of two commodities that a business can produce with its available resources and technology.

Scarce Resources

Natural or human assets available in limited quantities relative to their demand, leading to the necessity of economic allocation.

Capital Goods

Long-lasting goods acquired by businesses to produce goods or services, encompassing items like machinery, tools, and buildings.

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