Which of the following could cause the production possibilities frontier to shift to the right?
A) more government regulation that stunts economic growth
B) changes in the rules of the game that stunt economic growth
C) lower-quality resources
D) fewer productive resources
E) production of more capital goods and fewer consumer goods
Correct Answer:
Verified
Q3: Which of the following can expand the
Q4: Suppose the production possibilities frontier (PPF) of
Q5: The rules of the game refer to:
A)any
Q5: Long-term growth in production can be explained
Q6: Which of the following factors can influence
Q7: What is meant by the term standard
Q8: A process that transforms resources into goods
Q9: The ratio of total output to a
Q10: The production possibilities frontier of an economy
Q11: Which of the following best describes productivity?
A)
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