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According to the Production Possibility Model, If More Resources Are

question 241

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According to the production possibility model, if more resources are allocated to the production of physical and human capital, which of the following is not likely to occur?


Definitions:

Catastrophic Thinking

A cognitive distortion involving irrational thoughts that something is far worse than it actually is.

Albert Ellis

A psychologist best known for developing rational emotive behavior therapy (REBT), which focuses on identifying and changing irrational beliefs.

Scholarship

Financial aid awarded to a student based on academic or other achievements to fund their education.

Relaxation

The state of being free from tension and anxiety, or a process to attain such a state.

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