Multiple Choice
Which of the following causes the world's production possibilities curve to shift tothe right?
A) a decline in the world's population due to AIDS
B) a shift from capital goods to consumer goods production
C) a civil war in Iraq, a major world producer of oil
D) the development of a new technology that improves labor's productivity
E) a worldwide recovery from a recession
Correct Answer:
Verified
Related Questions
Q121: Human capital is associated with
A) a doctor
Q122: An entrepreneur
A) is an employee working in
Q123: The opportunity cost of your college education
Q124: The law of increasing costs indicates that
A)
