All of the following would affect the position and shape of a nation's production possibilities curve, except
A) the amount of labor available.
B) the level of unemployment.
C) the amount of the capital resources.
D) the rate of technological progress.

Question

Quizplus · Accepted Answer

The level of unemployment would not directly affect the position and shape of a nation's production possibilities curve. However, it may indirectly affect it through its impact on the amount of labor available. The other factors listed (amount of labor available, amount of capital resources, and rate of technological progress) would directly affect the position and shape of the curve.

All of the Following Would Affect the Position and Shape