With Time, Which One of the Following Strategies Would Most

question 238

Multiple Choice

With time, which one of the following strategies would most likely result in an outward shift in the production possibilities curve of an economy?

• A) passage of legislation reducing the workweek to 30 hours
• B) instituting a tax policy encouraging consumption at the expense of investment
• C) instituting a tax policy encouraging investment at the expense of consumption
• D) an increase in the marginal income tax rate, which would reduce the work effort of individuals

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Definitions:

Cancer

A disease characterized by the uncontrolled growth and spread of abnormal cells in the body, potentially leading to death if not treated.

Self-destructive Ways

Behaviors or actions that cause harm or damage to oneself, often as a way of dealing with emotional pain or distress.

Sensation-seeking

The tendency to pursue thrilling and exciting experiences, often involving risks.

Immune Response

The body’s defensive reaction to invasion by bacteria, viral agents, or other foreign substances.