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QUESTION

If an economy is producing at a point inside its PPF: Question 16 options: a) it is producing efficiently. b) it is producing beyond its production...

If an economy is producing at a point inside its PPF:

Question 16 options:

a) 

it is producing efficiently.

b) 

it is producing beyond its production possibilities.

c) 

it is possible to produce more of one good without sacrificing some of the other good.

d) 

full employment is achieved.

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