Which of the Following Most Accurately Indicates the Implications of an Economy's

question 39

Multiple Choice

Which of the following most accurately indicates the implications of an economy's production possibilities curve?

• A) If all the resources of an economy are being used efficiently, more of one good can be produced only if less of another good is produced.
• B) If all the resources of an economy are being used efficiently, it is generally possible to produce more of one good without having to sacrifice the production of other goods.
• C) Over time, it is generally impossible for a country to expand its production of goods.
• D) An economy will automatically move toward a point that lies outside of the production possibilities constraint unless proper government policy constrains production.

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Definitions:

Physical Maturation

The biological growth processes that enable orderly changes in behavior, mostly independent of the environment but influenced by it.

Emotional Turbulence

Intense, rapidly changing, or conflicting feelings and emotions.

Social Roles

The patterns of behavior that are expected of individuals in specific positions within a society or group.

Emotional Turbulence

A state characterized by rapid shifts or intense fluctuations in emotions.