Which of the Following Factors Can Influence the Production Possibilities

question 46

Multiple Choice

Which of the following factors can influence the production possibilities frontier in the future?

• A)The amount of capital produced
• B)A fall in the rate of inflation
• C)A decrease in consumption in an economy
• D)An increase in the tax rate
• E)A legal reform that increases transaction costs

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Definitions:

Heritability

A measure of how much of the variation in a trait among individuals within a population can be attributed to genetic differences.

Dizygotic Impact

Refers to the effect or influence of being born as dizygotic twins, that is, twins developed from two different eggs fertilized by two different sperm.

Epigenetic Marks

Chemical modifications to DNA that do not change the DNA sequence but can affect gene activity and expression.

Personality Traits

Innate characteristics that influence an individual's patterns of thought, emotion, and behavior.