Multiple Choice
Figure 2-4 Figure 2-4 shows various points on three different production possibilities frontiers for a nation.
-Refer to Figure 2-4. Consider the following events:
a. an increase in the unemployment rate
b. general technological advancement
c. a decrease in consumer wealth
Which of the events listed above could cause a movement from X to V?
A) a only
B) a and b only
C) b and c only
D) a, b, and c
Correct Answer:
Verified
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