A Production Possibilities Frontier Can Shift Outward for All of the Following

question 31

Multiple Choice

A production possibilities frontier can shift outward for all of the following reasons except:

• A)a decrease in the size of the labor force.
• B)an increase in the skills of the labor force.
• C)an improvement in technology.
• D)a larger work force.
• E)a larger capital stock.

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Definitions:

Internal Consistency Reliability

A measure of the extent to which all items in a test measure the same concept or construct.

Test-Retest Reliability

A measure of consistency where the same test is administered to the same participants at two different points in time to assess the stability of the results.

Interrater Reliability

The degree of agreement among different raters or observers assessing the same phenomenon, reflecting the consistency of their measurements.

Interrater Reliability

A measure of the extent to which different observers or raters agree in their assessment decisions.