If All Resources Are Used Efficiently to Produce Goods and Services

question 127

Multiple Choice

If all resources are used efficiently to produce goods and services, a nation will find itself producing

• A)inside its production possibilities frontier
• B)somewhere on its production possibilities frontier
• C)outside of its production possibilities frontier
• D)at one extreme end of its production possibilities frontier
• E)more of one product with no decrease in the production of any other product

---

Definitions:

Biochemical Imbalance

A theory suggesting that imbalances in certain chemicals in the brain can contribute to various mental health disorders.

Person-Centered

An approach in psychology that emphasizes the importance of the individual's own experience and self-discovery in their growth or therapy.

Psychoanalytic

Pertaining to a theory of psychology which emphasizes unconscious psychological processes and childhood influences on behavior.

Cognitive

Relating to mental processes involved in acquiring knowledge and understanding through thought, experience, and the senses.