A. the amount of each commodity that can be produced given available resources
B. unlimited production of one commodity
C. limitless output of commodities
D. none of the above
Related Mcqs:
- Any combination of products inside the production possibility frontier is ?
A. Allocatively inefficient
B. X inefficient
C. Consumer inefficient
D. Productively inefficient - An economy may operate outside the production possibility Frontier if ?
A. It is not utilizing its resources fully
B. It is being productively efficient
C. It is a mixed economy
D. It is trading other economies - An outward shift of the production possibility frontier may be caused by ?
A. An increase in demand
B. More government spending
C. Better training of employees
D. Productive inefficiency - Ethnocentrism refers to_______________?
A. an attitude with which members of one society judge another society according to their own standards
B. the attitude that cultures be analyzed on their own terms
C. the attitude that certain values and practices are common to all cultures
D. all of the above - The “invisible hand” refers to_______________?
A. a feature of Adam Smith,s Wealth of Nations
B. the belief God exhibited by the Puritans
C. the fact that prayer results in help
D. a belief in ghosts prevalent in the early Middle Ages - Disengagement refers to_______________?
A. aged persons maintaining their regular social roles
B. aged persons abandoning their regular roles so that younger people may assume them
C. a period before retirement
D. a pleasant interlude for the elderly - The “real revolution” of the last twenty years according to one sociologist refers to_______________?
A. the jailing of spouse abusers and marital rapists
B. “serial” or “throwaway” marriages
C. male bonding and tribalism
D. women,s lack of interest in marriage - Religiosity refers to_______________?
A. depth of religious feelings
B. whether one believes in God or gods
C. whether one participates in religious rituals
D. a belief in heaven and hell - To use up the final products of production is to_______________?
A. distribute
B. consume
C. allocate
D. appropriate - The high cost of fighting crime is due in large part to_______________?
A. the increase in organized crime
B. high unemployment rates
C. tax cuts instituted by the present administration
D. an increase in prison inmates
