The Discovery of New Natural Resources Will Cause

question 373

Multiple Choice

The discovery of new natural resources will cause

• A) the economy to move closer to the production possibilities curve.
• B) the production possibilities curve to shift up and to the right.
• C) an upward movement along the curve.
• D) the curve to shift back and to the left.

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Definitions:

Internal Traits

Personality characteristics, attitudes, or tendencies believed to originate within an individual and influence behavior in various situations.

External Attributions

The act of ascribing one's own or other people's actions to outside elements or circumstances.

Internal Attributions

The process of assigning the cause of behavior to something within the individual, such as their personality or effort.

Fundamental Attribution Error

The bias of overemphasizing personal traits and underestimating situational factors when explaining other people's behaviors.