Which of the Following Would Not Be an Indication of Productive

question 3

Multiple Choice

Which of the following would not be an indication of productive inefficiency within an economy?

• A) High levels of unemployment
• B) No unemployment
• C) Unused factory buildings
• D) Idle machinery

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Definitions:

Ethical Decisions

Choices made based on moral principles and values, often reflecting considerations of what is right and fair.

Escalation of Commitment

A psychological pattern where individuals or groups continue to invest in a decision despite facing increasingly negative outcomes or feedback.

Perceptual Biases

Cognitive biases that influence how we perceive and interpret information about people, objects, or events, often leading to distorted judgments.

Implicit Favorite

An unconscious bias or preference for a particular option or choice, not openly expressed or acknowledged.