Refer to the information provided in Figure 31.1 below to answer the question(s) that follow. Figure 31.1
-Refer to Figure 31.1. Which of the following cannot cause a movement from Point A to Point C?
A) an expansionary monetary policy
B) technological progress
C) an increase in capital stock
D) an increase in the productivity of workers

Question

Refer to the information provided in Figure 31.1 below to answer the question(s) that follow.  Figure 31.1
-Refer to Figure 31.1. Which of the following cannot cause a movement from Point A to Point C?
A) an expansionary monetary policy 
B) technological progress 
C) an increase in capital stock 
D) an increase in the productivity of workers

Quizplus · Accepted Answer

An expansionary monetary policy typically affects aggregate demand rather than shifting the production possibilities frontier, which is what would be required to move from Point A to Point C.

Refer to the Information Provided in Figure 31