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The Production-Possibility Frontier of a Country Can Be Said to Shift

Question 25

Multiple Choice

The production-possibility frontier of a country can be said to shift outward as a result of the following.Which, if any, is the wrong explanation?


A) Expenditures on new plants and equipment are constantly being made.
B) The population increases.
C) Better methods of production are developed.
D) New oil finds are found.
E) All of the above are valid explanations.

Correct Answer:

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