-In the Figure Above, Moving from Production at Point D

question 213

Multiple Choice

-In the figure above, moving from production at point d to production at point a requires

• A) technological change.
• B) a decrease in unemployment.
• C) decreasing the output of consumer goods in order to boost the output of capital goods.
• D) both capital accumulation and a decrease in unemployment.

---

Definitions:

Rising

Describes an increase or upward movement in metrics such as price, quantity, or value.

Base Year

A reference year used for comparative purposes in the calculation of indexes, such as the Consumer Price Index, to measure changes over time.

Consumer Price Index

A measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care, used to measure inflation or deflation.

First Year

The initial period or starting phase of an entity, event, or process, often marking the beginning of measurement or assessment.