In general, the more resources that are devoted to technological research, the
A) more the PPF will bow outward.
B) faster the PPF shifts outward.
C) higher is the unemployment rate.
D) greater is current consumption.

Question

Quizplus · Accepted Answer

Investing more resources into technological research can lead to faster advancements in technology, which can shift the PPF outward. This is because technology can make production more efficient and increase the economy's total output potential. Therefore, option B is the correct choice.

In General, the More Resources That Are Devoted to Technological