Figure 2.3
-In Figure 2.3, the move from production possibility curve YZ to production possibility curve XV, could be caused by:
A) increased unemployment.
B) a decline in technology.
C) more land, labor or capital.
D) all of the above.

Question

Figure 2.3
-In Figure 2.3, the move from production possibility curve YZ to production possibility curve XV, could be caused by:
A) increased unemployment. 
B) a decline in technology. 
C) more land, labor or capital. 
D) all of the above.

Quizplus · Accepted Answer

The Answer of  Figure 2.3
-In Figure 2.3, the move from production possibility curve YZ to production possibility curve XV, could be caused by:
A) increased unemployment. 
B) a decline in technology. 
C) more land, labor or capital. 
D) all of the above.

Figure 2.3 -In Figure 2.3, the Move from Production Possibility Curve YZ