When the Production Possibilities Curve Shifts Outward

question 41

Multiple Choice

When the production possibilities curve shifts outward,

• A) the long-run aggregate supply curve shifts to the left.
• B) the long-run aggregate supply curve is unchanged.
• C) the price level rises in the long run.
• D) the long-run aggregate supply curve shifts to the right.

Identify the psychological processes behind accepting responsibility for successes and blaming external factors for failures.

Grasp the definition of salience and its relevance in social psychology.

Recognize the conditions under which people resort to stereotyping.

Learn the basic principles of categorizing individuals into groups.

---

Definitions:

Heredity and Environment

The combined influences of genetic factors (_heredity_) and external circumstances (_environment_) on an individual's characteristics and behaviors.

Leadership Effectiveness

The extent to which a leader successfully achieves desired outcomes by motivating and influencing others.

Combined Influence

The cumulative effect or power resulting from the integration or cooperation of various forces, resources, or individuals.

Sales Team

A group of professionals dedicated to selling products or services, working collectively to meet or exceed sales targets.