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The Figure Given Below Represents an Economy Producing Corn and Planes

Question 30

Multiple Choice

The figure given below represents an economy producing corn and planes under different economic situations.Figure 2.2
The figure given below represents an economy producing corn and planes under different economic situations.Figure 2.2    -Refer to Figure 2.2. Assume that the economy experiences a 20% drop in the work force. Which of the following graph(s)  in the figure describe(s)  the change in the economy's production possibilities curve [PPC]? A) Graph A B) Graph B C) Graph C D) Graph B and C E) Graph A and C
-Refer to Figure 2.2. Assume that the economy experiences a 20% drop in the work force. Which of the following graph(s) in the figure describe(s) the change in the economy's production possibilities curve [PPC]?


A) Graph A
B) Graph B
C) Graph C
D) Graph B and C
E) Graph A and C

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