An "Increase in Efficiency" Suggests That an Economy

question 199

Multiple Choice

An "increase in efficiency" suggests that an economy:

• A)has moved from a point outside of, to a point on, its production possibilities curve.
• B)has decided to produce more consumer goods and fewer capital goods.
• C)has moved from a point on, to a point inside, its production possibilities curve.
• D)is able to get more output from a given amount of inputs.

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Definitions:

Populations

Groups of individuals belonging to the same species that live in the same geographic area and can potentially interbreed.

Gradualism

A theory in evolutionary biology that posits species evolve through small, incremental changes over long periods.

Punctuated Equilibrium

Punctuated Equilibrium is an evolutionary theory proposing that species evolve rapidly during short periods of time, followed by long periods of stasis (little or no evolutionary changes).

New Species

A population of organisms that has evolved distinct characteristics, differentiating it from other species.