As a General Rule, Technological Progress

question 94

Multiple Choice

As a general rule, technological progress

• A) shifts the production possibilities curve outward, away from the origin.
• B) reduces the slope of the production possibilities curve, making it flatter.
• C) increases the slope of the production possibilities curve, making it steeper.
• D) shifts the production possibilities curve inward, toward the origin.

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Definitions:

Portfolio

A collection of financial investments like stocks, bonds, commodities, cash, and cash equivalents, including mutual, exchange-traded, and closed funds.

Portfolio Owner

An individual or entity that holds a collection of investments, including stocks, bonds, real estate, or other financial assets, and is responsible for the management and decision-making of the portfolio.

High Average Returns

Refers to investments that consistently yield returns above the market or sector average over a period.

Equities

Equities represent an ownership interest in a company through shares of its stock, giving shareholders a claim on the company's assets and earnings.