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

  • the productive capacity is being fully utilized
  • the productive capacity is not being fully utilized checkmark
  • too little of consumer goods is being produced
  • there is a disequilibrium between the production of capital and consumer goods

The correct answer is: B

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