The Diagram Below Shows Two Production Possibilities Boundaries for Country

question 26

Multiple Choice

The diagram below shows two production possibilities boundaries for Country X. FIGURE 1- 3
-Refer to Figure 1- 3. A shift of the production possibilities boundary from PPB1 to PPB2 implies

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

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Definitions:

ABA

American Bar Association, a professional organization of lawyers which sets academic standards for law schools and formulates ethical codes within the legal profession.

NALA

The National Association of Legal Assistants, an organization for paralegals and legal assistants that provides continuing education and professional certification.

Legal Assistant

A professional who aids lawyers in the delivery of legal services, performing tasks such as research, document preparation, and client interaction, under the supervision of an attorney.

Degrees

Units of measurement or levels of achievement, often used in the context of education, temperature, or the severity of crimes.