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Question: imagine a society that produces military goods and consumer goods...

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Imagine a society that produces military goods and consumer goods, which well call guns and butter respectively. The following graph shows the production possibilities frontier for guns and butter. Butter The production possibilities frontier has a bowed-out shape because the quantity of guns the economy must give up in order to produce more butter decreases h of the points are impossible for the economy to achieve and which are feasible but inefficient. Check all that apply. ncreases IC Feasible but inefficient impossible for the economy to achieve Grade It Now Save & Continue Continue without saving

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