Solved

In Order for an Economy to Shift Its Production Possibilities

Question 157

Multiple Choice

In order for an economy to shift its production possibilities curve rightward, it must:


A) suffer resource unemployment.
B) experience an increase in its resources and/or an improvement in its technology.
C) use its resources more efficiently than at points along the curve.
D) all of these.

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