If the Citizens of a Country Were to Work Harder

question 42

Multiple Choice

If the citizens of a country were to work harder and take less leisure time, it would

• A) shift the production possibilities curve outward.
• B) cause an economy to operate inside its production possibilities curve.
• C) shift the production possibilities curve inward.
• D) cause an economy to move from one point on the production possibilities curve to another point on the curve.

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Definitions:

Activity Rate

A metric used to measure the efficiency or productivity of a company's operations, often tied to specific actions or tasks.

Departmental Factory Overhead Rate

A rate used to allocate indirect manufacturing costs to different departments within a factory.

Direct Labor Hours

The total time workers spend producing goods or providing services that can be directly attributed to a specific product or service.

Cutting and Sewing

The process involved in the making of garments, which includes the cutting of fabric according to patterns and sewing them together to create clothing.