-Which of the Following Will NOT Shift an Economy's Production

question 140

Multiple Choice

-Which of the following will NOT shift an economy's production possibilities curve outward?

• A)An increase in technology
• B)An improvement in the literacy rate
• C)A reduction in the unemployment rate
• D)An increase in the number of workers available

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Definitions:

Mean

The arithmetic average of a set of numbers, calculated by adding up all the values and then dividing by the number of values.

Pay Equity

Pay equity refers to the principle of equal pay for work of equal value, aiming to eliminate wage discrimination based on gender, race, or other unrelated factors to job performance.

Wilcoxon Rank Sum Test

The Wilcoxon Rank Sum Test is a non-parametric statistical test used to compare two independent groups when the data cannot be assumed to be normally distributed.

Male Faculty

Members of a school, college, or university's teaching staff who are male.