Dynamic Gains in Both the Stock of a Country's Resources

question 123

Multiple Choice

Dynamic gains in both the stock of a country's resources and the efficiency with which resources are utilized will:

• A)cause the country's PPF to be in a bell-shaped curve.
• B)enable the country to produce more goods than it did before the introduction of free trade.
• C)cause a country's PPF to shift inward.
• D)enable the country to achieve constant returns to specialization.

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Definitions:

Cults

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Differentiation

In the theory of human ecology refers to the process by which urban populations and their activities become more complex and heterogeneous over time.

Worldly Institutions

institutions that have global influence or operations, affecting people and cultures across different countries and regions.

Moral Guidance

Involves advice or direction provided to help individuals distinguish right from wrong and to act ethically in various situations.