Solved

What Effect Will Improving the Level of Education of the Labour

Question 138

Multiple Choice

What effect will improving the level of education of the labour force have on the production possibilities curve?


A) It will move the economy from a point on the production possibilities curve to a point inside the production possibilities curve.
B) It will shift the production possibilities curve inward.
C) It will move the economy from a point inside the production possibilities curve to a point on the production possibilities curve.
D) It will shift the production possibilities curve outward.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents