What Assumption Is Made by the Production Possibility Frontier Model

question 25

Multiple Choice

What assumption is made by the production possibility frontier model?

• A)Labour, capital, land and natural resources are unlimited in quantity.
• B)The economy produces only two products.
• C)Any level of the two products that the economy produces is currently possible.
• D)The level of technology is variable.

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Definitions:

Goleman

Daniel Goleman is a psychologist and author known for his work on emotional intelligence, emphasizing its importance in personal and professional success.

Culturally Biased Tests

Tests that may not fairly reflect the abilities of individuals from diverse cultural backgrounds due to the inclusion of culturally specific content.

Minority Populations

Groups within a population that are smaller in number and often have different ethnic, racial, or cultural backgrounds compared to the majority.

Larry P.

Refers to a landmark legal case (Larry P. v. Riles) concerning the use of standardized IQ tests for African American children in San Francisco, which was ruled as discriminatory.