A Point on a Nation's Production Possibilities Curve Represents

question 52

Multiple Choice

A point on a nation's production possibilities curve represents

• A) An undesirable combination of goods and services.
• B) Combinations of production that are unattainable, given current technology and resources.
• C) Levels of production that will cause both unemployment and inflation.
• D) The full employment of resources to achieve a particular combination of goods and services. Being on the curve is efficient because we are getting the most we can out of our resources.

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Definitions:

Unconditioned Stimulus

In classical conditioning, a stimulus that naturally triggers a reflexive or unlearned response.

Salivation

The secretion of saliva, often in response to the sight, smell, or taste of food, which is part of the digestive process.

Food

Any nutritious substance that humans or animals eat or drink to maintain life and growth.

Conditioned Reinforcer

A stimulus that gains its reinforcing power through its association with a primary reinforcer.