Figure 74 Alt Text for Figure 7

question 7

Multiple Choice

Figure 7.4 Alt text for Figure 7.4: In figure 7.4, a graph representing per-worker production functions.
Long description for Figure 7.4: The x-axis is labelled, capital per hour worked, K/L.The y-axis is labelled, real GDP per hour worked, Y/L.3 concave curves originating from 0 at the vertex are shown.5 points A ($50000, $15000) , B ($60000, $16000) , C ($70000, $16400) , D ($60000, $17000) , and E ($60000, $15000) are plotted.The curve labelled, Production function 1, passes through point E.The curve labelled, Production function 2, passes through points A, B, and C.The curve labelled, Production function 3, passes through point D.These 5 points are connected to their respective coordinates on the x-axis and y-axis with dotted lines.
-Refer to Figure 7.4.Using the per-worker production function in the figure above, the largest changes in an economy's standard of living would be achieved by a movement from

• A)A to B to C.
• B)E to B to D.
• C)C to B to A.
• D)D to B to E.
• E)D to A.

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Definitions:

Migration

Mobility in geographic space, involving a temporary or permanent change in the usual place of residence. Internal migration is movement within countries; external migration is movement to a foreign country.

Structural Power

The influence and control exerted by social and economic structures within society, which can shape the behavior and opportunities of individuals and groups.

World Council

A global organization or assembly that discusses and addresses issues of worldwide importance.

Indigenous Peoples

Ethnic groups who are the original inhabitants of a territory, often having distinct languages, cultures, and traditions, which may differ from mainstream cultures.