The Following Question Are Based on the Following Diagram

question 24

Multiple Choice

The following question are based on the following diagram:

-If the economy currently produces 4 million units of consumer goods and 2 million units of defense goods

• A) it is operating on its production possibilities curve.
• B) there must be unemployment of resources.
• C) it is producing a combination that requires more resources than it has.
• D) it is achieving economic but not technical efficiency.
• E) defense goods are preferred to consumer goods.

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Definitions:

External Locus

A belief that outcomes in one’s life are due to external forces or circumstances beyond one's control.

Self-esteem

An individual's overall subjective evaluation of their own worth or value.

Techno-complexity

Refers to the complexity and intricacy of technological systems, processes, and solutions.

Techno-overload

The stress or overwhelm experienced by individuals due to excessive interaction with technology or an overload of information.