Which of the following would NOT shift an economy's production possibility curve?
A) a doubling of the number of machines
B) a doubling of the money supply
C) more advanced technology
D) a doubling of the number of university graduates
Correct Answer:
Verified
Q24: Which of the following is NOT true
Q25: The circular flow of goods and income
Q26: The idea of choice would not be
Q27: An improvement in education levels in Australia
Q28: Two factors which can cause a nation's
Q30: Which of the following is NOT true
Q31: Although perfectly competitive markets are seldom found
Q32: In terms of Australia's production possibility curve
Q33: The opportunity cost of being a full-
Q34: The factors of production include:
A) labour, land
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