If the educational attainment of a nation's population increases, the economy's production possibilities curve shifts inward.

Name: If the educational attainment of a nation's population increases, the economy's production possibilities curve shifts inward.
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Question

Quizplus · Accepted Answer

This statement is false. When educational attainment of a nation's population increases, the economy's production possibilities curve shifts outward due to increased human capital and productivity.

If the Educational Attainment of a Nation's Population Increases, the Economy's