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qid 7486 · economics

Question: A nation is producing at a point inside of its production possibility curve. Which of the following is a possible explanation for this outcome?

  1. This nation has experienced a permanent decrease in its production capacity.
  2. This nation has experienced slower than usual technological progress.
  3. This nation has avoided free trade between other nations.
  4. This nation is experiencing an economic recession.

Our answer: D. This nation is experiencing an economic recession. Source quote machine-checked (exact quote)

A machine check confirms the quoted words appear at the source. A person has not yet reviewed these. EARN MARKS as a Human Reviewer

How it was answered

Stored method, replayed by code (kind: formula)

card: formula · card sha256 0f7afe2909c5dfbb…

Current source

Federal Reserve Education, "The Production Possibilities Frontier: Underemployment and Economic Growth"

https://www.federalreserveeducation.org/teaching-resources/economics/scarcity/the-production-possibilities-frontier-underemployment-and-economic-growth

“Why would an economy produce below its potential? Well, it could be in a recession, which is a significant decline in general economic activity extending over a period of time.”

Source quote machine-checked (exact quote)

retrieved 2026-09-18T02:02:10.085Z

page text sha256 eff6e38a9f6416f3… · content sha256 6348cb896c4c972c…

addendum formula_qid7486.formula_ADDENDUM_source_rs20260918T020210Z · sha256 b5be0295bed0ace8… · replaces the version below, addendum sha256 ad18cb9a9f1059c4…

Earlier version (superseded)

https://openstax.org/books/principles-economics-3e/pages/2-2-the-production-possibilities-frontier-and-social-choices

Source weak (http_get_200_text_and_question_terms)

retrieved 2026-09-17T01:44:10.070Z

page text sha256 d4b4a06ef54b1d9d… · content sha256

addendum formula_qid7486.formula_ADDENDUM_source_bf20260917T014410Z · sha256 ad18cb9a9f1059c4… · replaces the version below, addendum sha256 46f7f1128291d90f…

Earlier version (superseded)

No public source has been found for this card yet (2 places checked internally).

addendum formula_qid7486.formula_ADDENDUM_source · sha256 46f7f1128291d90f…

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