When societies are using all available resources and technologies most efficiently, they are operating on the production possibilities curve.
<h3 /><h3>What is the production possibilities curve?</h3>
It is a graphic representation for the economic illustration of compensations and scarcity, that is, through this PPC graphic it is possible to analyze how in an economy production resources and technology are used through different combinations to guarantee greater efficiency in their use.
Therefore, the production possibilities curve ensures that the economy is balanced and limited in relation to the country's productive capacity, making the use of resources and technology more aligned with the amount of resources, production capacity and consequently increased effectiveness.
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There are four types of social norms that can help inform people about behavior that is considered acceptable: folkways, mores, taboos, and law. Further, social norms can vary across time, cultures, place, and even sub-group.
Answer:
project team
Explanation:
Project team -
It is a the type of team , where the members usually comprises of different groups , and are allotted various task according to their specialization and are required to work together , until and unless the work is complete , is known as project team .
Same , is the case with the team comprising of architects and engineers to complete the work for the construction of the bridge .
Answer free land gold and new things
Explanation:
Answer:
A) Alter its own spending, taxes, and/or the amount of money in circulation.
Explanation:
In situations of economic warming and inflation the government can act to influence citizens' spending to cool down economic activity to lower inflation. Inflation is a monetary phenomenon caused by excess currency in the economy. Thus, the government can reduce its spending, because it is an important player, which makes government consumption has a significant weight in economic warming. In addition, the government can take steps to curb citizen consumption through restrictive policies such as raising taxes. Finally, the government may sell government bonds to wipe out the monetary base. When the government sells bonds, people stop consuming at present to earn future income from public bonds. Thus, the government causes the money in circulation to decrease.