Figure 71 Alt Text for Figure 7

question 278

Multiple Choice

Figure 7.1 Alt text for Figure 7.1: In figure 7.1, a graph comparing capital per hour worked and real GDP per hour worked.
Long description for Figure 7.1: The x-axis is labelled, capital per hour worked, K/L, with values 40,000 and 60,000 marked.The y-axis is labelled, real GDP per hour worked, Y/L, with 0 at the vertex.3 concave curves, each originating from the vertex are shown.4 points A, B, C, and D are plotted such that point A has 40,000 as the x coordinate, and points B, C, and D have 60,000 as the x coordinate.The 3 curves pass through these points.The curve labelled, Production function 1, passes through point B.The curve labelled, Production function 2, passes through points A and C.The curve labelled, Production function 3, passes through point D.
-Refer to Figure 7.1. Which of the following could cause an economy to move from point C to B?

• A)Restrictions on foreign direct investment and international migration.
• B)Government funding of universities.
• C)Policies that encourage firms to adopt new production technology.
• D)The introduction of computer coding classes in primary education.
• E)An economy gaining more capital.

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Definitions:

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Social and behavioral norms that are considered appropriate for individuals of a specific sex within a given society.

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Relating to or denoting the Confederate States of America, the collection of southern states that seceded from the United States in 1861-1865.

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A high-budget, high-profile film intended to be a major commercial success, often featuring star actors, extensive marketing, and visual spectacle.