Chapter 2

formerr today and its product () must be producing outside the production possibilities frontier and will contin D) must not have private ownership of property and will have to follow planning 11) If an economy is operating at a point inside the production possibilities frontier, then A) society's resources are being inefficiently utilized. B) the PPF curve will shift inward. C) society's resources are being used to produce too many consumer goods. D) economic policy must retard further growth of the economy. 1088 words English (United States) Type here to search O