Which of the Following Would Allow the Production Possibilities Curve

question 241

Multiple Choice

Which of the following would allow the production possibilities curve for an economy to shift outward?

• A) a better social organization of economic activity, such as conversion from socialism to capitalism
• B) an increase in the labor force or resource base
• C) more investment leading to better technology and more innovation
• D) all of the above

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Definitions:

Implicit Personality Theory

The assumption that individuals make unconscious, automatic inferences about the personality traits of others.

Social Psychology

The scientific study of how individuals think, influence, and relate to each other within social contexts.

Social Psychology

The scientific study of how individuals' thoughts, feelings, and behaviors are influenced by the actual or imagined presence of others.

Interpersonal Attraction

The force that draws people together and creates interest and desire in forming relationships.