Which of the following would shift the production possibilities frontier outward?
A)an increase in the size of the labor force
B)more efficient use of existing resources and technology
C)the government prints more money
D)the end of a strike by a labor union
E)society's desire to produce more of one of the goods

Question

Quizplus · Accepted Answer

An increase in the size of the labor force would provide more resources for production, allowing the economy to produce more goods and services, thus shifting the production possibilities frontier outward.

Which of the Following Would Shift the Production Possibilities Frontier