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What does it mean for an economy to be operating beyond (to the right of) the production possibilities curve? a. It is impossible to be
What does it mean for an economy to be operating beyond (to the right of) the production possibilities curve?
a. It is impossible to be at a point beyond the curve.
b. The economy is using all its resources and is working at maximum efficiency.
c. There is unemployment in the economy.
d. Government spending is beyond its maximum.
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