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.
Correct Answer:
Verified
Q88: Adding more resources causes:
A) downward movement along
Q89: If an economy keeps increasing its capital
Q90: Technological innovations will cause:
A) the production possibilities
Q91: Exhibit 2-15 Production possibilities curve Q92: Exhibit 2-17 Production possibilities curve Q94: Exhibit 2-18 Production possibilities curves Q95: Exhibit 2-11 Production possibilities curves Q96: The production possibilities curve for the nation Q97: Which of the following causes the production Q98: Which would be least likely to cause Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
