When a Nation Is Producing on Its Production Possibilities Frontier,if

question 47

Multiple Choice

When a nation is producing on its production possibilities frontier,if more resources are used to produce one good,then the production of other goods

• A) must increase.
• B) must decrease.
• C) must remain the same.
• D) must change but they might increase or decrease.
• E) might increase if the nation can produce more efficiently.

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Definitions:

United States

A country primarily located in North America, consisting of 50 states and a federal district.

Economics

The social science that studies how individuals, governments, and societies make choices about the allocation of resources to satisfy their wants and needs.

Educational Debt

The accumulation of debt by individuals as a result of borrowing money to finance their education.

Assimilation

The process by which individuals or groups adopt the culture, norms, and practices of another group, often losing aspects of their original identity.