Refer to the Graph

question 136

Multiple Choice

Refer to the graph. An expansion of the economy's production possibilities can, by itself

• A) never cause inflation.
• B) never cause price level to fall.
• C) cause a decrease in real output.
• D) cause a decrease in employment level.

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Definitions:

Human Development Domains

The various aspects of growth and change in individuals across their lifespan, including physical, cognitive, social, and emotional development.

Relative Frequency

The frequency with which an event occurs as a proportion of the total number of trials or observations.

Total

A statistic specifying the number of items in a class or the sum of their values on a variable.

Ratio

A statistic specifying the number of items in a class, or the sum of their values on a variable, per unit of some other class; a ratio is a total expressed in relative terms.