Which of the following will not produce an outward shift of the production possibilities curve?
A) upgrading the quality of a nation's human resources
B) reducing unemployment
C) increasing the quantity of a society's labor force
D) improving a society's technological knowledge
Correct Answer:
Verified
Q94: Answer the question on the basis of
Q95: Which of the following is not considered
Q96: Which of the following is assumed in
Q97: A production possibilities curve shows
A) that resources
Q98: Unemployment
A) causes the production possibilities curve to
Q100: A production possibilities curve illustrates
A) scarcity.
B) market
Q101: Assume an economy is incurring unemployment. The
Q102: The production possibilities curve shows
A) the various
Q103: If an economy is operating inside its
Q104: If an economy is operating on its
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