Which of the following would be likely to shift a nation's production possibilities curve outward?
A) a decrease in the production of capital goods
B) an increase in the production of consumer goods
C) an increase in the number of retired workers
D) none of the above
Correct Answer:
Verified
Q104: Which of the following will not shift
Q105: Exhibit 3-12 Q106: Which of the following will shift the Q107: When economic growth occurs it will: Q108: Approximately two decades after a "baby boom," Q110: An increase in the unemployment rate from Q111: A production possibilities curve that is "bowed Q112: Which of the following would mostly likely Q113: Is increased capital spending the only way Q114: Assume the economy moves from a situation
A)eventually eliminate
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