Increasing Opportunity Cost Exists

question 71

Multiple Choice

Increasing opportunity cost exists

• A) in the real world.
• B) as long as there is high unemployment.
• C) only in theory but not in real life.
• D) for a country but not for an individual.
• E) inside the PPF but not on the PPF.

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Definitions:

Congregationalist Puritans

Members of a group of English Reformed Protestants in the 16th and 17th centuries who sought to "purify" the Church of England from its "Catholic" practices.

North America

A continent located in the Northern Hemisphere and almost wholly within the Western Hemisphere, comprising countries like the USA, Canada, and Mexico.

Church of England

The primary state church in England, a Christian denomination that broke away from the authority of the Pope and the Roman Catholic Church in the 16th century under King Henry VIII.

Christianize Indians

Efforts by European settlers and missionaries to convert Indigenous peoples of the Americas to Christianity, often part of broader colonization efforts.