If the economy of the country is operating at X, the implication is that
ECONOMICS
JAMB 1994
If the economy of the country is operating at X, the implication is that
- A. the productive capacity is being fully utilized
- B. the productive capacity is not being fully utilized
- C. too little of consumer goods is being produced
- D. there is a disequilibrium between the production of capital and consumer goods
Correct Answer: B. the productive capacity is not being fully utilized
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