Refer to the Above Graph

question 20

Multiple Choice

Refer to the above graph.If the production possibilities curve of an economy shifts from AB to CD, it is most likely caused by:

• A)a decrease in the price level.
• B)allocative efficiency.
• C)technological progress.
• D)full employment of resources.

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Definitions:

American Society

A phrase indicating the societal organization, traditional beliefs, and group identity of the United States.

Americans with Disabilities Act

A civil rights law that was enacted in 1990 in the United States, prohibiting discrimination based on disability in areas such as employment, public accommodations, and transportation.

Discriminatory Hiring Practices

Employment procedures that unfairly favor or exclude candidates based on attributes unrelated to job performance, such as race, gender, or age.

Persian Gulf War

A conflict (1990-1991) between Iraq and a coalition of countries led by the United States to liberate Kuwait from Iraqi annexation.