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Which one of the following statements is correct?
A. Most production possibilities curves illustrate decreasing marginal opportunity costs.
B. Relative scarcity is no longer a central idea in economics because we are in an age of abundance.
C. The production possibilities curve shows society's preferences for consumer goods relative to capital goods.
D. The central concept underlying the production possibilities curve is that of limited resources.
explain the structure of the economy and its impact on the gdp of sountry.
#If the reserve bank wants to pursue a contractionary monetary policy, the bank should?
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discuss the effect that the activities of a trade union might have on an economy?
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