The role of government in shifting the production possibilities curve to the right is considered:
A) supporting economic growth.
B) redistributing income.
C) providing certain goods and services.
D) enforcing private property rights.

Question

Quizplus · Accepted Answer

The role of government in shifting the production possibilities curve to the right is primarily to support economic growth through policies such as investment in infrastructure, education and research and development, lowering taxes and regulations, and promoting trade. This can lead to increased productivity and efficiency, which can then shift the production possibilities curve outward, allowing for higher levels of output and economic growth. While government may also play a role in providing certain goods and services, enforcing property rights, and redistributing income, these are not as directly related to shifting the production possibilities curve.

The Role of Government in Shifting the Production Possibilities Curve