Table 1.4 -According to the Production Possibilities Schedule in Table 1.4, Which

question 14

Multiple Choice

Table 1.4

-According to the production possibilities schedule in Table 1.4, which of the following statements is true?

• A)This economy could produce 100 units of good A and 20 units of good B.
• B)The opportunity cost of producing more of good A decreases as the amount of good A produced increases.
• C)The opportunity cost of producing more of good B decreases as the amount of good B produced increases.
• D)This economy could produce 70 units of good A and 40 units of good B.
• E)If this economy were to fully and efficiently employ all its resources, it could provide 100 units of good A and 80 units of good B.

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Definitions:

Walter Lippmann

An influential American writer, reporter, and political commentator known for his books on public affairs and the role of media in democracy.

Stereotypes

Stereotypes are oversimplified and widely held beliefs about the characteristics of a particular group of people, often leading to misconceptions or bias.

Manufacture of Consent

A concept suggesting that the media and powerful elite shape public opinion and consent through the manipulation of news, information, and cultural products.

Limited Effects

A theory suggesting that media has a minimal or limited influence on individuals, as their real-world social interactions and personal factors play a more significant role in shaping attitudes and behaviors.