A massive plague results in a decrease in workers who are available in Elizaland. What happens to the production possibilities frontier (PPF) in Elizaland?
A) It changes shape.
B) Its slope decreases.
C) It shifts out.
D) It shifts in.

Question

Quizplus · Accepted Answer

The production possibilities frontier (PPF) shifts in because with fewer workers available due to the plague, the economy's capacity to produce goods and services decreases, leading to a contraction or inward shift of the PPF.

A Massive Plague Results in a Decrease in Workers Who