Which of the Following Events Would Allow the Production Possibilities

question 67

Multiple Choice

Which of the following events would allow the production possibilities curve to shift outward?

• A)The economy's capital stock declines.
• B)More teenagers enter the labor force.
• C)Technology is lost.
• D)People begin to retire at earlier ages.

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Definitions:

Respondent Behavior

A form of behavior that occurs in response to a specific stimulus and is typically conditioned through Pavlovian or classical conditioning.

Self-Control

The skill of managing one's emotions, cognitive processes, and actions amidst challenges and spontaneous inclinations.

Schedules of Reinforcement

In behavioral psychology, the strategy or pattern by which rewards are given to promote certain behaviors.

Negative Reinforcement

A behavioral principle where the removal or avoidance of an undesirable outcome strengthens the behavior leading to its avoidance.