A Reduction in the Level of Unemployment Would Have Which

question 213

Multiple Choice

A reduction in the level of unemployment would have which effect with respect to the nation's production possibilities curve?

• A) It would shift the curve to the right.
• B) It would shift the curve to the left.
• C) It would not shift the curve; it would be represented by a movement from a point inside the curve toward a point on the curve.
• D) It would not shift the curve; it would be represented by a movement from a point on the curve to a point outside the curve.

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Definitions:

Correct Rejection

A decision in signal detection theory where the absence of a signal is correctly identified.

Hit

In general usage, an instance of something becoming very popular or successful; in specific contexts, it could have other definitions.

Sensory Adaptation

The process by which sensory receptors become less responsive to constant stimuli over time.

Absolute Threshold

The minimum intensity of stimulation that must occur before you experience a sensation.