What causes a production possibilities frontier to shift outward?
A) reductions in inflation rates
B) reductions in unemployment rates
C) increases in available money
D) increases in resources or technology
Correct Answer:
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Q24: By definition, an increase in productivity occurs:
A)
Q25: With sustained economic growth, the production possibilities
Q26: If Macroland has a higher economic growth
Q27: Which of the following factors does NOT
Q28: The production possibility frontier can be used
Q30: Human capital per worker affects productivity because:
A)
Q31: High tax rates on personal income that
Q32: The laws, practices, and customs through which
Q33: Which of the following policies would be
Q34: Laws that make it easier for citizens
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