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Which of the following is assumed when drawing an economy's one-year production possibilities curve? A fixed quantity of resources and changing levels of technology A

Which of the following is assumed when drawing an economy's one-year production possibilities curve?

  1. A fixed quantity of resources and changing levels of technology
  2. A fixed quantity of available resources and an unchanging level of technology
  3. A continual increase in the productivity of resources
  4. An unchanging level of technology and a changing quantity of resources

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