Which of the Following Is False

question 127

Multiple Choice

Which of the following is false?

• A) Specialization and trade allow a country's inhabitants to consume at a level beyond its production possibilities frontier.
• B) Some of the goods the U.S. exports include cars, coal, and wheat.
• C) Some of the goods the U.S. imports include cars, oil, and coffee.
• D) A country has a comparative advantage in producing that good it can produce at lower opportunity cost than another country.
• E) none of the above

Describe attribution theory and the occurrence of attribution errors in social perception.

Analyze the role of reference groups in shaping individual behavior and self-esteem.

Explain the concept of social networks and their impact on individuals and society.

Understand the concept of attribution theory and how people perceive the actions and motives of in-group versus out-group members.

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Definitions:

Per Capita Income

A measure of the average income earned per person in a given area or country, calculated by dividing the area's total income by its population.

Manufacturing Sector

The segment of an economy that is involved in the production of goods using labor, machinery, and tools.

Developing Countries

Refers to nations with lower levels of income, industrialization, and often a lower Human Development Index compared to developed countries.