If an Economy Uses Its Resources Inefficiently, This Situation Would

question 24

Multiple Choice

If an economy uses its resources inefficiently, this situation would be illustrated on a production possibilities diagram as

• A) an inward shift of the production possibilities curve.
• B) an outward shift of the production possibilities curve.
• C) operating at a point outside the production possibilities curve.
• D) operating at a point inside the production possibilities curve.

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Definitions:

Athletic Instruction

The process of teaching or training individuals in the skills and strategies related to sports and physical activities.

Cognitive-behavioral Therapy

A psychotherapeutic approach that addresses dysfunctional emotions, behaviors, and cognitions through a goal-oriented, systematic process.

Meta-analysis

A statistical procedure for combining data from multiple studies to generate an overall conclusion.

Token Economy

A behavioral modification system that uses tokens as a form of reward, which can be exchanged for desirable items or privileges as reinforcement for desired behaviors.