An Increase in Total Factor Productivity Shifts the PPF

question 65

Multiple Choice

An increase in total factor productivity shifts the PPF

• A) upward, but does not change its slope.
• B) upward, and also changes its slope.
• C) downward, but does not change its slope.
• D) downward, and also changes its slope.

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Definitions:

Psychological Variable

An attribute, trait, or condition of an individual that can be measured or observed in psychology.

Researcher

An individual who conducts systematic investigations into phenomena, often through structured study and experimentation, to establish facts or reach new conclusions.

Electroconvulsive Therapy

A psychiatric treatment involving electrical induction of seizures in patients to provide relief from mental disorders.

Metabolic Activity

The biochemical processes occurring within organisms, including humans, essential for maintaining life, such as energy production and material transformation.