A Number of Researchers Predict That the World Will Eventually

question 55

Multiple Choice

A number of researchers predict that the world will eventually __________.

• A) come to be politically integrated
• B) find a peaceful solution for territorial disputes
• C) return to small, ethnically distinct units
• D) settle into two or three primary superpowers

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Definitions:

Marginal Productivity

The additional output generated by employing one more unit of a particular input, holding other inputs constant.

Diminishing-returns Theory

The principle that says that if one factor of production is increased while others are held constant, the incremental output will eventually decrease.

Wage Disparity

The difference in wages earned by different groups of workers, often arising from factors such as occupation, education, experience, or gender.

Talent and Ability

The natural aptitude or acquired skills possessed by individuals that enable them to perform certain tasks or excel in certain fields.