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  3. which of the following statements is true question 24 options...

Question: which of the following statements is true question 24 options...

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Which of the following statements is true?

Question 24 options:

The economy can operate outside (or beyond) its institutional PPF and its physical PPF, but only for a short while.

The economy can operate outside its physical PPF, if only for a short while, but can never operate outside its institutional PPF.

The economy can operate outside its institutional PPF, if only for a short while, but can never operate outside its physical PPF.

The economy can never operate outside its institutional PPF or its physical PPF, even for a short while.

none of the above

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