If the economy of the country is operating at X, the implication is that
Answer Details
If the economy of a country is operating at X, it means that the productive capacity of the economy is being fully utilized. In other words, the economy is producing goods and services at its maximum potential with the available resources, such as labor, capital, and natural resources. This indicates that there is no excess capacity in the economy, and firms are producing at their most efficient levels to meet the demand for goods and services in the market. Therefore, is the correct implication.