If the Production Possibilities Frontier Between Two Goods Were a Straight

question 221

Multiple Choice

If the production possibilities frontier between two goods were a straight line,then the opportunity cost of one good in terms of another would be

• A) constant.
• B) increasing.
• C) decreasing.
• D) zero.
• E) either constant, increasing, or decreasing but more information is needed to determine which.

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Definitions:

Progressive Reform

A series of political and social reforms in the late 19th and early 20th centuries aimed at addressing issues of corruption, inefficiency, and social injustice within American society.

New Middle Class

A socio-economic group that emerged, characterized by increased educational opportunities, higher incomes, and an enhanced standard of living, often in the context of industrializing societies.

Ethnic Minorities

Groups of people who differ in race, religion, or culture from the majority population in the society in which they live.

Mann Act

a 1910 U.S. federal law, officially known as the White-Slave Traffic Act, originally intended to combat forced prostitution and human trafficking.