Consider a Society That Is Producing Inside Its Production Possibilities

question 41

Multiple Choice

Consider a society that is producing inside its production possibilities frontier.This society could best achieve efficiency in its production of output by:

• A) distributing incomes more equally.
• B) fully employing all available resources.
• C) increasing the levels of wages and prices.
• D) producing relatively more capital goods and relatively fewer consumer goods.

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Definitions:

Flatulence

The accumulation of gas in the alimentary canal, often resulting in the expulsion through the rectum.

Bowel Sounds

Noises made by the movement of the intestines as they push food through the digestive system, indicative of gastrointestinal activity.

Perineal Skin

The skin in the perineum, the region between the anus and the genitals.

Excoriation

Skin picking disorder; a condition characterized by repeated picking at one’s own skin which results in skin lesions.