A Bowed Out PPF Reflects Which of the Following Ideas

question 35

Multiple Choice

A bowed out PPF reflects which of the following ideas?
i.increasing opportunity cost
ii.resources are not equally productive in all activities
iii.prices of goods increase over time

• A) i only
• B) i and ii
• C) i and iii
• D) ii and iii
• E) i, ii, and iii

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Definitions:

Fighting Words

Language that by its very utterance is likely to incite violence or immediate breach of the peace.

First Amendment

Part of the United States Constitution that protects freedoms concerning religion, expression, assembly, and the right to petition the government.

Cruel and Unusual Punishment

A legal judgment or condition of imprisonment deemed inhumane, excessive, or too severe.

Amendment

A formal change or addition made to a document, law, or piece of legislation.