When a country is acting efficiently:
A)it is producing at a point on or below their production possibilities frontier.
B)it is getting the most output by using all its available resources.
C)it has unemployed workers.
D)it is able to reach a point beyond its production possibilities frontier.

Question

Quizplus · Accepted Answer

When a country is acting efficiently, it is getting the most output by using all its available resources. This means that it is producing at a point on its production possibilities frontier, which shows the maximum possible output that can be produced given the resources and technology available. It also implies that there are no unemployed workers, as all available resources are being used. A country cannot reach a point beyond its production possibilities frontier because that would imply using resources that are not available.

When a Country Is Acting Efficiently