Which of the following would shift the production possibilities frontier outward?
A) An increase in the size of the labor force
B) More efficient use of existing resources and technology
C) The government prints more money
D) The end of a strike by a labor union
E) Society's desire to produce more of one of the goods
Correct Answer:
Verified
Q86: Any movement along a bowed-out production possibilities
Q87: The figure given below shows the production
Q88: A downward-sloping straight-line production possibilities frontier indicates:
A)that
Q89: Q90: Which of the following would shift the Q93: On a bowed-out production possibilities frontier showing Q95: If an economy is operating at a Q121: On a straight-line production possibilities frontier, which Q127: If the production possibilities frontier is a Q144: An improvement in technology
A)will always result in
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