Figure 2.3 Figure 2.3 Shows Various Points on Three Different Production Possibility

question 36

Multiple Choice

Figure 2.3

Figure 2.3 shows various points on three different production possibility frontiers for a nation.
-Refer to Figure 2.3. Consider the following movements:
A.from point V to point W
B.from point W to point Y
C.from point Y to point Z
Which of the movements listed above represents economic growth?

• A)a, b and c
• B)b and c only
• C)a only
• D)b only

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Definitions:

Ontological Argument

An argument for the existence of God based on the premise that God, being defined as the greatest possible being, must exist in reality because existence would make God greater.

Anselm

A medieval theologian and philosopher known for his argument for the existence of God through the concept of "that than which nothing greater can be thought."

Transcendence

In the philosophy of existentialist Jean Paul Sartre, the concept that we can always transcend, or go beyond, the facts that are true of us, or what Sartre called our facticity. Transcendence means that the self is defined not by the facts about us but by what we make—and continue to make—of these facts.

Martin Luther

A German monk, theologian, and seminal figure in the Protestant Reformation who challenged the teachings of the Roman Catholic Church.