Answered: If an economy begins to use its…

If an economy begins to use its resources more efficiently, it will move farther away from its PPF Select one: a.False b.True

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter2: Production Possibilities Frontier Framework

Section: Chapter Questions

Problem 2WNG

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Question

If an economy begins to use its resources more efficiently, it will move farther away from its PPF

Select one:

a.False

b.True

Definition Definition Curve that represents the various combinations of production possibilities of two commodities when resources or factors of production are given.

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