Assume the MPLc = 2 Cars and the MPLb =

question 107

Multiple Choice

Assume the MPLc = 2 cars and the MPLb = 5 boats.There are 150
Workers in this hypothetical economy; the slope of the PPF for this
Economy is:

• A)20/500.
• B)200/50.
• C)2/5.
• D)1/5.

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Definitions:

Motivation

The internal or external stimuli that induce individuals to pursue goals or perform tasks.

Performance

The execution of an action or task measured against pre-established standards such as accuracy, completeness, and speed.

Effort

The use of physical or mental energy to do something; exertion towards accomplishing a task.

Persistence

The continued effort to achieve something despite difficulties, failure, or opposition.