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Question 1
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Our economy ______________ operates on its production possibility curve.
Select one:
a. Sometimes
b. Never
c. Usually
d. Always

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Question 2
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Which statement is true?
Select one:
a. On the production possibilities frontier we have zero unemployment.
b. To get out of a recession, we must produce at some point beyond our production possibilities frontier.
c. On the production possibilities frontier 95 percent of the labor force is employed.
d. To have economic growth, we must push the production possibilities frontier inward.

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The main reason our standard of living is so much higher than that of India and China is that we have more
Select one:
a. money.
b. labor.
c. capital.
d. land.

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Question 4
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Which one of these people is not underemployed?
Select one:
a. A woman working as a secretary but

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