Which of the Following Is True of a Country's Production

question 92

Multiple Choice

Which of the following is true of a country's production possibilities frontier?

• A)International trade makes it possible for a country's consumption possibilities to exceed its production possibilities.
• B)International trade requires that a country's production possibilities exceed its consumption possibilities.
• C)A country's production possibilities always equal its consumption possibilities.
• D)A country's consumption possibilities can never equal its production possibilities because of leakages in the system.
• E)The slope of a country's production possibilities frontier is equal to the absolute advantage of producing a particular good.

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Definitions:

Absolute Zero

The point on a scale at which no quantity of what is being measured exists, representing a complete absence of that entity.

ACT

A standardized test used for college admissions in the United States, measuring skills in English, mathematics, reading, and science, with an optional writing test.

Standard Score

A score that has been transformed to fit into a standard scale, allowing comparison across different tests or assessments.

Sten Score

A standardized test score that typically ranges from 1 to 10, used to compare an individual's performance on a test to a normative population.