Which of the following will be most likely to cause the production possibilities curve for a country to shift inward?
A) an increase in the labor force
B) an increase in unemployment
C) development of an improved technological method of production
D) a decrease in the stock of physical capital

Question

Quizplus · Accepted Answer

A decrease in the stock of physical capital reduces the resources available for production, leading to a potential decrease in the country's overall production capacity, thus shifting the production possibilities curve inward.

Which of the Following Will Be Most Likely to Cause