An Improvement in Technology Would

question 136

Multiple Choice

An improvement in technology would

• A)enable the economy to produce outside its original production possibilities frontier
• B)enable the economy to move along its original production possibilities frontier
• C)eliminate scarcity; therefore, the production possibilities frontier would no longer exist
• D)have no effect on the production possibilities frontier
• E)change the production possibilities frontier to a line with a positive slope

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Definitions:

Emperor of the West

Historically refers to the ruler of the Western Roman Empire, specifically after its division from the Eastern Empire.

Honorius

A Roman Emperor of the West (395-423 AD) known for his reign during the period of the empire's decline in the face of Visigothic invasions and internal strife.

Constantinople

The historical name for the modern city of Istanbul from its founding in 330 AD until the Ottoman conquest in 1453, serving as the capital of the Byzantine Empire.

Milan

A city in Northern Italy, recognized as a leading global fashion and design capital, with a rich history in art and architecture.