An Analysis of Production Possibilities Curves Indicates That the Reason

question 54

Multiple Choice

An analysis of production possibilities curves indicates that the reason why underdeveloped nations have difficulties increasing their economic growth rates is because:

• A)low population growth rates mean fewer workers to produce food and other necessities.
• B)their production possibilities curves shift in when resources are increased.
• C)their production possibilities curves are positively sloped, unlike those in more developed economies.
• D)they must cut back their already meagre consumption levels to increase capital production.
• E)the opportunity cost of shifting resources from consumption goods to capital goods is relatively low.

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Definitions:

Independent Variable

In an experiment, the variable that is manipulated or changed by the researcher to observe its effects on the dependent variable.

Nicotine

A stimulant and addictive substance found in tobacco products that impacts the central nervous system.

Real Cigarette

Refers to traditional tobacco cigarettes, as opposed to electronic cigarettes or other smoking alternatives.

Control Group

In experimental research, a group of subjects that does not receive the experimental treatment and is used as a benchmark to measure the effects of the treatment.