Which of the following will not produce an outward shift of the production possibilities curve?
A) An upgrading of the quality of a nation's human resources.
B) The reduction of unemployment.
C) An increase in the quantity of a society's labor force.
D) The improvement of a society's technological knowledge.

Question

Quizplus · Accepted Answer

The reduction of unemployment does not shift the production possibilities curve outward; it moves the economy closer to the curve by utilizing idle resources, rather than expanding the economy's capacity to produce.

Which of the Following Will Not Produce an Outward Shift