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FallenOne FallenOne
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2 months ago

Which of the following statements is false?



▸

If there are only two goods, guns and butter, it is possible to produce more of both goods through economic growth.



▸

If there are only two goods, guns and butter, it is possible to produce more of both goods if the economy is currently operating at a productive inefficient point.



▸

If there are only two goods, guns and butter, it is possible to produce more of both goods if the economy is currently operating at a productive efficient point.



▸

If there are only two goods, guns and butter, producing more of one means producing less of the other if the economy is currently operating at a productive efficient point.

Textbook 
Economics

Economics


Edition: 12th
Author:
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dreamnluvdreamnluv
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2 months ago
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If there are only two goods, guns and butter, it is possible to produce more of both goods if the economy is currently operating at a productive efficient point.
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