Consider a Country That Has Two Industries

question 61

Multiple Choice

Consider a country that has two industries.In the north,they grow wild rice,which requires plenty of rainfall.In the south,they grow wheat,which requires a moderate amount of rainfall (too much rainfall is bad for wheat production) .One year,there is a record rainfall.This results in

• A)a parallel shift inward of the production possibilities frontier.
• B)a parallel shift outward of the production possibilities frontier.
• C)the production possibilities frontier rotating,with the wild rice intercept increasing,and the wheat intercept decreasing.
• D)the production possibilities frontier rotating,with the wild rice intercept decreasing,and the wheat intercept increasing.
• E)the production possibilities frontier becoming linear.

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Definitions:

Unconscious Prejudice

Refers to biases or attitudes towards others that individuals are not consciously aware of but can influence their behavior and decisions.

Court Rulings

Judicial decisions made by a court following a litigation process.

Unconscious Bias

Refers to the attitudes or stereotypes that affect our understanding, actions, and decisions in an unconscious manner.

Discriminate

To make distinctions between things or people, which can be benign (as in discerning tastes) or illegal/morally problematic when based on prejudice against certain groups.