Which of these is MOST likely to cause the production possibilities frontier to shift to the right?
A) an increase in technology
B) an increase in consumption
C) an increase in producer prices
D) an increase in tax revenues
Correct Answer:
Verified
Q113: The two basic determinants of economic growth
Q176: Economic growth is shown as a:
A) leftward
Q178: Suppose that the government could stimulate spending
Q179: Which of the following shifts the production
Q181: The government increases taxes on high-income workers
Q182: (Figure: PPF of Econia (a small nation))
Q227: Technological improvements in the U.S. economy have
A)
Q249: The government can make owning a business
Q297: The government bans a toy because it
Q333: Investment in human capital refers to
A) education,
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