Analyze the chart below and answer the question that follows.

A 3-column table with 6 rows. Column 1 has entries Life expectancy at birth, Infant mortality rate, Total fertility rate, Per capita G D P, Education spending, Unemployment rate. Column 2 is labeled Australia with entries 81.81 years, 4.61 deaths per 1,000 live births, 1.78, 41,000 dollars, 4.7 percent of G D P, 5.1 percent. Column 3 is labeled New Zealand with entries 80.59 years, 4.78 deaths per 1,000 live births, 2.08, 27,700 dollars, 6.2 percent of G D P, 6.5 percent.
Data courtesy of the CIA World Factbook

Which of the indicators on the chart above tell(s) us that Australia and New Zealand are highly developed countries?
A.
per capita GDP
B.
unemployment rate
C.
infant mortality rate
D.
all of the above

Please select the best answer from the choices provided
A
B
C
D

D.   all of the above

Explanation:

The gross domestic product (GDP), as well as unemployment and infant mortality rates, are indicators often applied to research about highly developed countries. In this example, both countries have very low unemployment rates and infant mortality rates. Although the per capita GDP of Australia might seem quite higher than New Zeland´s, they are both still well above average.

Answer

It compares production numbers of one product to another.

Explanation

The production possibility chart  is a curve that depicts all maximum output possibilities for two goods given a set of inputs which consists of resources and other factors. it represents a point at which the economy of a nation is most efficient on producing its goods and services therefor allocating its resources in a very best possible way.

In outlining the opportunity cost the production possibility chart compares production numbers of one product to another. Opportunity cost  is a benefit, profit, or value of something that must be given up to acquire or achieve something else.