-An Improvement in Technology Could Be Expected To

question 25

Multiple Choice

-An improvement in technology could be expected to:

• A)shift the production possibilities curve from PP₁ to PP₂
• B)shift the production possibilities curve from PP₂ to PP₁
• C)move the economy from point A to point C along PP₁
• D)move the economy from points A, B, or C on PP₁ to point D inside PP₁
• E)move the economy from point C to point A along PP₁

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Definitions:

Second Term

A subsequent period of office for an elected official, such as a president or governor, immediately following the first term.

Franklin Roosevelt

The 32nd President of the United States who led the country during the Great Depression and World War II, implementing the New Deal.

Great Depression

The Great Depression was a severe worldwide economic depression that took place mostly during the 1930s, beginning in the United States.

New Deal Era

The period in U.S. history during the 1930s when President Franklin D. Roosevelt implemented a series of programs, policies, and reforms known as the New Deal to counteract the effects of the Great Depression.