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Exhibit 2-19 Production Possibilities Curves in Exhibit 2-19, the Production

Question 177

Multiple Choice

Exhibit 2-19 Production possibilities curves Exhibit 2-19 Production possibilities curves   In Exhibit 2-19, the production possibilities curves for a country are shown for the years Year X and Year Y. Which of the following could have caused a shift for Year X to Year Y in production possibilities curves? A) An increase in unemployment. B) A decline in technology. C) An increase in the stock of capital goods. D) A natural disaster. E) More efficient production. In Exhibit 2-19, the production possibilities curves for a country are shown for the years Year X and Year Y. Which of the following could have caused a shift for Year X to Year Y in production possibilities curves?


A) An increase in unemployment.
B) A decline in technology.
C) An increase in the stock of capital goods.
D) A natural disaster.
E) More efficient production.

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