It Is Possible for an Economy to Increase Its Production

question 44

Multiple Choice

It is possible for an economy to increase its production of both goods if the economy

• A)moves downward and to the right along its production possibilities frontier and the frontier is bowed outward.
• B)moves upward and to the left along its production possibilities frontier and the frontier is bowed outward.
• C)moves in either direction along its production possibilities frontier and the frontier is a straight line.
• D)moves from a situation of inefficient production to a situation of efficient production.

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Definitions:

Argument

A series of statements or reasons made to support or oppose a conclusion.

Cold Front

A leading edge of a cooler mass of air, replacing at ground level a warmer mass of air, characterized by weather changes.

Rain

Water droplets that fall from clouds in the atmosphere to the ground.

Proposition

A statement expressing an idea that can be true or false.