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In Figure 3.1, the economy can move from point E to point C: Figure 3.1 Graph-Bowed out production possibilities curve with capital goods on the
In Figure 3.1, the economy can move from point E to point C: Figure 3.1 Graph-Bowed out production possibilities curve with capital goods on the vertical axis and consumption goods on the horizontal axis; points A, E, B are on the curve; point A is the highest on curve, point B is the lowest, point E is in-between those two points; point D is below point A and to the left of point B inside the curve; point C is to the right of the production possibilities curve In Figure 3.1, the economy can move from point E to point C: with the current level of resources existing at point E. if the unemployed workers in the economy find jobs. if more workers obtain college degrees. if more sources of coal are depleted
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