In Order for an Economy to Increase Its Production Possibilities

question 365

Multiple Choice

In order for an economy to increase its production possibilities, the economy must

• A) be very efficient.
• B) increase inputs.
• C) increase its wants.
• D) reduce output.

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Definitions:

Calculated Amount

A value determined through mathematical operations or formulas based on specific variables or parameters.

Generated

Produced or created, commonly used in reference to energy, data, or results from a process.

Nature

The physical world collectively, including plants, animals, the landscape, and other features and products of the earth, as opposed to humans or human creations.

Human Population

The current population of people residing on the planet Earth.