Answer the Question on the Basis of the Data Given $\quad$

question 90

Multiple Choice

Answer the question on the basis of the data given in the following production possibilities table: $\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\underline{\text { Production Possibilities (Alternatives) }}$
$\begin{array}{ccccccc}&\underline{A}&\underline{B}&\underline{C}& \underline{D} &\underline{E}&\underline{F} \\ \text { Capital Goods } &5&4&3&2&1&0\\\text { onsumer Goods } & 0 & 5 & 9 & 12 & 14 & 15 \end{array}$ Refer to the table.As compared to production alternative D,the choice of alternative C would:

• A) tend to generate a more rapid growth rate.
• B) be unattainable.
• C) entail unemployment.
• D) tend to generate a slower growth rate.

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Definitions:

Possible Outcomes

The set of all distinct outcomes that can result from a particular statistical experiment or random event.

Events

Occurrences or happenings, especially significant ones that can be statistically analyzed.

Possible Outcomes

Refers to all the potential results that can occur in any probabilistic or random event.

Probability

The measure of the likelihood that an event will occur, expressed as a number between 0 and 1.