Which of the Following Also Occurs as the Production Possibilities

question 93

Multiple Choice

Which of the following also occurs as the production possibilities curve shifts outward?

• A)Long-run aggregate supply increases.
• B)GDP per capita remains constant.
• C)Output decrease.
• D)The unemployment rate rises.

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Definitions:

Emotions

Complex psychological states that involve physiological responses, subjective feelings, and expressive behaviors.

Identifying Problems

The process of recognizing issues that can impede progress or cause conflict within a project or organization.

Choosing Alternatives

The process of evaluating and deciding between two or more options in decision-making.

Rational Choice Decision Making

A decision-making framework based on the assumption that individuals choose the most rational and logical option that maximizes benefits while minimizing costs.