Which of the Following Statements Is False

question 111

Multiple Choice

Which of the following statements is false?

• A) Marginal analysis is an examination of the effects of additions or subtractions from a current situation.
• B) The production possibilities curve shows the maximum combination of two outputs that an economy can produce, given its available resources and technology.
• C) Technology is the body of knowledge and skills applied to how goods are produced.
• D) Economic growth is illustrated as an inward shift of the production possibilities curve.

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Definitions:

Par Value

The face value of a bond or stock, typically the amount paid at maturity for bonds and the nominal value for stocks.

Government Bonds

Debt securities issued by a government to support government spending and obligations.

General Level

Typically refers to the overall state or condition of something, often used in discussions about prices, economic conditions, or the level of activity in a market.

Convertibles

Securities, usually bonds or preferred shares, that can be converted into a specific number of shares of the issuing company's common stock.