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When an economy is operating inside its production possibilities frontier, what do we know? Select one: a.To produce more of one good, the economy would

When an economy is operating inside its production possibilities frontier, what do we know?

Select one:

a.To produce more of one good, the economy would have to give up some of the other good.

b.The economy is operating with efficiency.

c.There are unused resources or inefficiencies in the economy.

d.Moving to a point on its production possibilities frontier would illustrate economic growth.

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