A Production Possibilities Frontier Can Shift Outward for All of the Following

question 171

Multiple Choice

A production possibilities frontier can shift outward for all of the following reasons except one.Which is the exception?

• A)a decrease in the unemployment rate
• B)an improvement in labor skills
• C)an improvement in technology
• D)a larger work force
• E)a larger capital stock

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Definitions:

Dimensions of Diversity

Encompasses the range of differences among people, including race, ethnicity, gender, age, socio-economic status, physical abilities, religious beliefs, political beliefs, and other ideologies.

Diversity

The inclusion of individuals from various backgrounds, cultures, and perspectives within a group or organization.

Organizational Socialization

The process by which new employees learn the attitudes, knowledge, skills, and behaviors required to function effectively within an organization.

Job Candidate

A person seeking employment who has submitted their credentials for a specific position.