If an economy experiences an increase in its labor force,everything else constant,then its production possibilities frontier (PPF) will
A) expand outward but keep its original shape.
B) expand outward largely in the direction of the labor intensive good.
C) expand outward largely in the direction of the capital intensive good.
D) not expand until capital grows.
Correct Answer:
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Q1: _ growth is said to occur when
Q2: If the expansion of an export industry
Q3: _ would gain from expanded immigration.
A)Domestic labor
B)Domestic
Q4: Only a few countries have followed outward-oriented
Q6: _ policies refer to government programs designed
Q7: Economic growth at constant world prices will
Q8: Economic growth occurs because
A)labor forces grow.
B)capital stocks
Q9: An example of direct foreign investment is
Q10: If an economy experiences an increase in
Q11: The rarest migration pattern is for people
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