If an Economy Is Producing a Level of Output That

question 64

Multiple Choice

If an economy is producing a level of output that is on its production possibility frontier,the economy has:

• A)idle resources.
• B)idle resources but is using resources efficiently.
• C)no idle resources but is using resources inefficiently.
• D)no idle resources and is using resources efficiently.

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Definitions:

Lac Operon

A gene regulatory mechanism in bacteria that controls the metabolism of lactose.

Rate of Transcription

The speed at which RNA polymerase produces RNA molecules from a DNA template, affecting gene expression.

DNA Methylation

A biochemical process involving the addition of a methyl group to the DNA molecule, often affecting gene expression and cellular function.

Gene Expression

The process by which information from a gene is used to synthesize functional gene products such as proteins, leading to the manifestation of the gene's effects.