Refer to the information provided in Figure 2.6 below to answer the question(s) that follow. Figure 2.6 -Refer to Figure 2.6. Which of the following will shift an economy's production possibility frontier from ppf¹ to ppf²? A) a decrease in unemployment B) an increase in production efficiency C) a change in consumers' tastes D) an increase in the economy's capital stock

Question

Quizplus · Accepted Answer

An increase in the economy's capital stock represents an increase in resources, which can shift the production possibility frontier outward from ppf¹ to ppf².

Refer to the Information Provided in Figure 2