What Effect Will Better Technology Have on an Economy's Production

question 91

Multiple Choice

What effect will better technology have on an economy's production possibilities curve?

• A)It will shift the curve outwards.
• B)It will result in a movement along the curve.
• C)It will shift the curve inwards.
• D)It will not shift the curve.

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Definitions:

Anal Stage

The second stage in Freud's psychosexual development theory, focusing on toilet training and control over bodily wastes.

Genital Stage

A stage in Freud's psychosexual development theory occurring from puberty onwards, focused on mature sexual interests.

Phallic Stage

Freud's third stage of psychosexual development, focusing on the genital area as the primary source of pleasure.

Anal Stage

The anal stage is a concept in Freudian psychoanalysis focusing on the period of human development where gratification is centered around bowel and bladder elimination.