A Major Earthquake Occurs in the Central Part of the United

question 202

Multiple Choice

A major earthquake occurs in the central part of the United States.What impact would this have on the nation's production possibilities frontier and why?

• A) It would shift outward because unemployment would be reduced.
• B) Nothing would happen because the nation would still have the same capabilities.
• C) A tradeoff would occur to replace the resources and goods destroyed.
• D) It would shift inward because some of the nation's resources, such as capital and labor, would be destroyed.
• E) It would not shift because people would get to work to replace any capital that was destroyed.

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Definitions:

High-Wage Workers

Employees who receive compensation significantly above the average for their profession or region.

Colonialism

The strategy or method involving gaining complete or partial political dominion over another nation, colonizing it with settlers, and utilizing it for economic gain.

Racist Belief

A prejudiced perspective that ascribes certain characteristics, values, or roles to individuals or groups solely based on their race.

Natives

Indigenous peoples or original inhabitants of a region, prior to colonization or the establishment of national borders.