The Figure Given Below Represents the Production Possibilities Curves [PPC]

question 82

Multiple Choice

The figure given below represents the production possibilities curves [PPC] of a country producing wine and cars.Figure 2.1

-If the general education level within a country rises significantly over time, it is likely that:

• A)the country will move to a different point along its current production possibilities curve.
• B)the country's production possibilities curve will not change in any way.
• C)the country's production possibilities curve will shift in.
• D)the country's production possibilities curve will shift out.
• E)the country's production possibilities curve will become convex to the origin.

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Definitions:

Empirically

Refers to knowledge or information gained through observation, experience, or experiment rather than through theory or pure logic.

Reaction Formation

Disguising unconscious content by turning it into its opposite.

Repression

A psychological defense mechanism where unpleasant thoughts, feelings, or desires are excluded from conscious awareness.

Denial

A psychological defense mechanism where a person refuses to accept reality or facts, effectively protecting themselves from uncomfortable or painful emotions.