If an Economy Is Producing Inefficiently, It Is

question 13

Multiple Choice

If an economy is producing inefficiently, it is

• A)possible to increase production of all goods simultaneously.
• B)possible to increase production of one good at the expense of another.
• C)not possible to increase production of any good.
• D)not possible to increase economic growth.
• E)possible to increase production with no effort.

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Definitions:

Brain Activity

The electrical and chemical processes in the brain that allow for thought, perception, emotion, and movement.

Neuroticism

A personality trait characterized by tendencies toward anxiety, moodiness, worry, and emotional instability.

Extraversion

A personality dimension that characterizes individuals who are outgoing, energetic, talkative, and sociable.

Evolutionary Perspective

A theoretical approach that explains certain human behaviors and psychological traits as adaptations that have evolved to increase survival and reproductive success.