When Resources Are Being Used Wastefully or Inefficiently, the

question 57

Multiple Choice

When resources are being used wastefully or inefficiently, the

• A) production possibilities curve shifts inward.
• B) production possibilities curve shifts outward.
• C) economy is operating at a point inside its production possibilities constraint.
• D) economy is operating at a point outside its production possibilities constraint.

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Definitions:

Psychological Principles

Fundamental theories and concepts that explain the behaviors and mental processes of individuals.

Death Rate

A measure often used in demography to quantify the number of deaths per a certain amount of people in a specified period.

African Americans

A racial or ethnic group in the United States with origins in any of the black populations of Africa.

European Americans

Individuals in the United States who identify as having European ancestry.