The Diagram Below Shows Two Production Possibilities Boundaries for Country

question 46

Multiple Choice

The diagram below shows two production possibilities boundaries for Country X.
FIGURE 1- 4
-Refer to Figure 1- 4.A shift of the production possibilities boundary from PPB1 to PPB2 implies

• A)that technology in the consumer goods industry has improved.
• B)that technology in the capital goods industries has improved.
• C)an inevitable decrease in total output.
• D)a movement from full employment to some unemployment.
• E)that if point E is the new choice of outputs,productivity has increased in the consumer goods industry.

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Definitions:

Cumulative Percent

The percentage that represents the sum of its own and all previous categories in a frequency distribution.

Arrests

A term signifying the act of detaining someone legally as a suspect in a criminal activity.

Cumulative Percent

A measure that calculates the percentage total up to a specific point in a series of data, showing the accumulation of a quantity over time.

Frequency Distribution

A summary of data showing the number of observations (frequency) for each value or range of values.