Inefficient Production or Unemployment Exists When the Economy Is ________

question 43

Multiple Choice

Inefficient production or unemployment exists when the economy is ________ the production possibilities curve.

• A) operating inside
• B) operating on
• C) operating outside
• D) moving along

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Definitions:

Independent Variable

A variable that an experimenter manipulates.

Control Variable

A variable that is kept constant during a scientific experiment to ensure that any changes in the outcome can be attributed to the variables being tested.

Confounding Variable

A variable that influences both the dependent variable and independent variable, causing a spurious association.

Dependent Variable

The variable in an experiment that is expected to change as a result of manipulations of the independent variable.