AP Macroeconomics: Unit 1: Basic Economic Concepts

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Question 1 · Unit 1: Basic Economic Concepts · foundation

An economy is producing inside its current production possibilities curve because some workers and machines are idle. Resources and technology do not change. Which change represents more efficient resource use rather than economic growth?A. The entire production possibilities curve shifts outward.B. The economy loses productive machines.C. Production moves from the interior to a point on the existing curve.D. The economy produces beyond the curve without any resource change.

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