Scenario 4-1 In a Given Year, Country a Exported $12 Million Worth

question 27

Multiple Choice

Scenario 4-1
In a given year, country A exported $12 million worth of goods to country B and $6 million worth of goods to country C; country B exported $4 million worth of goods to country A and $7 million worth of goods to country C; and country C exported $5 million worth of goods to country A and $2 million worth of goods to country B.
-Which of the following will possibly cause a leftward shift in the production possibility curve, representing good X and good Y?​

• A)​A decrease in a country's GDP
• B)​An increase in the price of good X
• C)​An increase in the price of good Y
• D)​A decrease in the price of good Y
• E)​A decrease in the price of good X

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Definitions:

Safety Standards

These are established guidelines and requirements designed to ensure the health, safety, and welfare of individuals in workplaces and public spaces.

Affective Commitment

is an employee's emotional attachment to, identification with, and involvement in an organization, which influences their decision to continue or discontinue employment.

Ethnocentrism

The practice of evaluating a different culture exclusively through the lens of one's own cultural norms and values.

Overload

A situation where the amount of work or information exceeds an individual's capacity to process it, leading to stress or decreased performance.