The production possibilities curve for the nation of Economagic shifts to the left. This could have been caused by:
A) an increase in Economagic's labor supply.
B) innovation in the production of goods in Economagic.
C) a war that destroyed some of Economagic's resource base.
D) unemployment among Economagic's workers.
E) Economagic's choice of more consumption and less capital last period.
Correct Answer:
Verified
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