A Reallocation of Resources to Consumption Goods from Capital Goods

question 81

True/False

A reallocation of resources to consumption goods from capital goods is investment that shifts the production possibilities curve outward.

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Definitions:

Status Variables

Characteristics or attributes that determine an individual's or group's social or professional standing.

Consensus Factors

Involve elements or variables that are generally agreed upon within a group or society.

Linguistic Relativity

View that language determines thought and therefore people who speak different languages see the world in very different ways.

Innate Grammatical Rules

The concept in linguistics suggesting that the ability to understand and form grammatical sentences is hardwired into the human brain.