When an Economy Is Operating Inside Its Production Possibilities Frontier,we

question 171

Multiple Choice

When an economy is operating inside its production possibilities frontier,we know that

• A)there are unused resources or inefficiencies in the economy.
• B)all of the economy's resources are fully employed.
• C)economic growth would have to occur in order for the economy to move to a point on the frontier.
• D)in order to produce more of one good,the economy would have to give up some of the other good.

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Definitions:

Muslin

A lightweight, breathable cotton fabric used for making clothes, curtains, and other items.

National Notifiable Disease Surveillance System

A system used in the United States to monitor the occurrence and spread of designated notifiable diseases.

CDC

The Centers for Disease Control and Prevention, a national public health institute in the United States focused on preventing and controlling infectious diseases and other health threats.

Autoclaving

A sterilization process that uses pressurized steam to eliminate bacteria, viruses, and other pathogens from objects.