Exhibit 2-7
-Which of the following would cause the production possibilities frontier in Exhibit 2-6 to shift from AA to BA?
A) a drought that affected food production but had no effect on education
B) a technological improvement in education that had no effect on food production
C) a technological improvement in food production that had no effect on education
D) a disease that affected students' ability to learn (and therefore education) but not food production
E) an increase in the size of the labor force that affected both food production and education
Correct Answer:
Verified
Q141: The production possibilities frontier represents all desirable
Q146: Which of the following cannot be determined
Q149: The production possibilities frontier will shift if
Q151: An improvement in technology would
A)enable the economy
Q160: A production possibilities frontier can shift inward
Q161: Every economy must answer each of the
Q165: Which economic question does the decision to
Q168: The economic question of "what to produce"
Q171: Which economic question does the decision to
Q174: The set of mechanisms and institutions that
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents