The process observed when an economy's production possibility frontier is shifted outward is:
A.comparative advantage.
B.economic growth.
C.full employment.
D.specialization.
Correct Answer:
Verified
Q79: Figure: Wine and Wheat Q80: (Table: Production Possibilities Schedule I) Look at Q81: Increases in resources or improvements in technology Q83: (Table: Production Possibilities Schedule II) Look at Q85: Figure: Bicycles and Radishes II Q86: Abe starts exercising regularly, and after a Q87: Figure: Consumer and Capital Goods Q88: Figure: Strawberries and Submarines II Q89: Figure: Strawberries and Submarines II Q119: As long as people have different _,everyone
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