Currently, About How Many People Are Added to the World's

question 21

Multiple Choice

Currently, about how many people are added to the world's population each year?

• A) 740 000
• B) 7.4 million
• C) over 80 million
• D) over 840 million

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Definitions:

Unemployment

A condition where people who have the ability and desire to work are unable to secure jobs.

Production Possibilities Frontier

A curve depicting the maximum attainable combinations of two or more products that may be produced with available resources and technology.

Inward Shift

Describes a decrease in the potential output of an economy, often visualized as a leftward shift of the Production Possibility Frontier (PPF).

Production Possibilities Curve

A graphical representation that shows the maximum possible output combinations of two goods that an economy can achieve with its existing resources and technology under full employment.