A Movement from Point N to Point L Would Represent

question 115

Multiple Choice

A movement from point N to point L would represent

• A)an increase in both consumer goods and capital goods.
• B)a decrease in both consumer goods and capital goods.
• C)an increase in consumer goods,but a decrease in capital goods.
• D)an increase in capital goods,but a decrease in consumer goods.

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Definitions:

Situationist Argument

A viewpoint in psychology that suggests behavior is determined more by situations and external factors than by personal traits or characteristics.

Optimism

A mental attitude characterized by hope and confidence in success and a positive future.

Extraversion

A personality trait characterized by outgoingness, sociability, and a high level of activity and enthusiasm.