Technological Improvements Will

question 22

Multiple Choice

Technological improvements will:

• A) leave the production possibilities curve unchanged.
• B) shift the production possibilities curve inward.
• C) shift the production possibilities curve to outward.
• D) necessarily lead to increased unemployment.

---

Definitions:

Independent Variable

A factor manipulated by the experimenter to investigate its effects on the dependent variable in a study.

Factorial Design

A design in which all levels of each independent variable are combined with all levels of the other independent variables. A factorial design allows investigation of the separate main effects and interactions of two or more independent variables.

Main Effect

The direct effect of an independent variable on a dependent variable.

Factorial Design

An experimental design approach that involves investigating the effects of two or more independent variables at multiple levels on a dependent variable.