Which of the Following Is True of a Country's Production

question 92

Multiple Choice

Which of the following is true of a country's production possibilities frontier?

• A)International trade makes it possible for a country's consumption possibilities to exceed its production possibilities.
• B)International trade requires that a country's production possibilities exceed its consumption possibilities.
• C)A country's production possibilities always equal its consumption possibilities.
• D)A country's consumption possibilities can never equal its production possibilities because of leakages in the system.
• E)The slope of a country's production possibilities frontier is equal to the absolute advantage of producing a particular good.

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Definitions:

Calories

Units of energy that food provides, commonly used to quantify the energy intake from consuming food and beverages.

Correlation

An index measuring the degree of association between two or more variables.

Kilograms

A unit of mass equal to 1,000 grams, and is the base unit of mass in the International System of Units (SI).

Linear

describing a relationship or phenomenon that follows a straight line, often used in the context of functions or equations.