Exhibit 2-11 Production possibilities curves
In Exhibit 2-11, which of the following could have caused the production possibilities curve of an economy to shift from the one labeled A to the one labeled B?
A) A major natural disaster
B) An increase in consumption goods production this year
C) An advance in technology
D) An increase in unemployment
E) A decrease in consumption goods production this year
Correct Answer:
Verified
Q104: Exhibit 2-10 Production possibilities curve data
Q105: Exhibit 2-13 Production possibilities curve 
Q106: Exhibit 2-13 Production possibilities curve 
Q107: Exhibit 2-9 Production possibilities curve 
Q108: Exhibit 2-13 Production possibilities curve 
Q110: Exhibit 2-12 Production possibilities curve 
Q111: Exhibit 2-13 Production possibilities curve 
Q112: Exhibit 2-14 Production possibilities curve 
Q113: Exhibit 2-10 Production possibilities curve data
Q114: Exhibit 2-8 Production possibilities curve data
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