All of the following would affect the position and shape of a nation's production possibilities curve, except:
A) The amount of labor available
B) The level of unemployment
C) The amount of the capital resources
D) The rate of technological progress

Question

Quizplus · Accepted Answer

The level of unemployment may affect the economy's production level, but it does not directly affect the position or shape of the production possibilities curve. The factors that directly affect the production possibilities curve are the amount and quality of labor, the amount of capital resources, and the rate of technological progress.

All of the Following Would Affect the Position and Shape