-In the above figure, in order for this country to move from production possibilities frontier PPF1 to
PPF2, it might
A) put all unemployed resources to work producing desired output.
B) increase the average level of prices for all goods produced and consumed.
C) engage in exchange with other nations.
D) increase the skills and productivity of its work force.
Correct Answer:
Verified
Q220: Capital accumulation definitely
A) makes the production possibilities
Q221: Q222: Q223: Consider a production possibilities frontier with corn Q224: Q226: Suppose the United States discovers a way Q228: Technological change Q229: Suppose a scientific breakthrough made free solar Q325: Q335: Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
A) creates inefficiency.
B) shifts the PPF