Use the Following to Answer Question

question 172

Multiple Choice

Use the following to answer question:

-(Table: Production Possibilities Schedule I) Use Table: Production Possibilities Schedule I.The opportunity cost of producing the fourth unit of consumer goods is _____ units of capital goods.

• A)2
• B)4
• C)6

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Definitions:

Birthrates

The number of live births per 1,000 people in a population over a given period of time.

Cohorts

Groups of people banded together or treated as a group, often referred to in research or demographics studies.

Social Security

A government program designed to provide financial assistance to people with little or no income, especially the elderly, disabled, and unemployed.

Social Change

The transformation over time of the institutions, culture, and structure of society.