Assume That the Opportunity Cost for Germany to Produce a Jet

question 105

Multiple Choice

Assume that the opportunity cost for Germany to produce a jet is 50 cars.If Germany is producing on its production Possibility Frontier,some possible combinations of output for Germany could be:

• A) (1,000 jets, 5,000 cars) and (900 jets, 10,000 cars).
• B) (1,000 jets, 5,000 cars) and (900 jets, 15,000 cars).
• C) (2,500 jets, 2,000 cars) and (2,300 jets, 20,000 cars).
• D) (2,500 jets, 2,000 cars) and (2,300 jets, 3,000 cars).

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Definitions:

Information-processing Approach

A view in cognitive psychology that likens the mind to a computer in terms of how information is encoded, stored, and retrieved.

Atkinson-Shiffrin Model

A theory of human memory that was proposed in the 1960s, suggesting that memory consists of three main components: sensory memory, short-term memory, and long-term memory.

Maintenance Rehearsal

A cognitive process involving the repetitive review of information to keep it in short-term memory for extended periods.

Repeating Items

The act of presenting the same content or material multiple times to improve memory retention or emphasize importance.