The Diagram Below Shows Two Production Possibilities Boundaries for Country

question 105

Multiple Choice

The diagram below shows two production possibilities boundaries for Country X. FIGURE 1-4 Refer to Figure 1-4.An outward shift of the production possibilities boundary from to indicates which of the following?

• A)an increase in the price of raw materials for consumer goods
• B)growth in the country's productive capacity
• C)an increase in the price of raw material for capital goods
• D)more of the country's resources are being used
• E)the country's resources are being used less efficiently

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Definitions:

Iterative Version

A version of an algorithm that uses loops to repeat certain operations until a condition is met, as opposed to recursion.

Last-In/First-Out

A data structure principle where the most recently added element is the first to be removed, exemplified by a stack.

Stack

A stack is a collection or data structure that adheres to the Last-In-First-Out (LIFO) principle, where items are added and removed from the top.

Queue

A queue is a collection or data structure that follows the First-In-First-Out (FIFO) principle, where elements are added from one end and removed from the other.