Multiple Choice
-In the above figure, in order for this country to move from production possibilities frontier PPF1 to
PPF2, it might
A) engage in exchange with other nations.
B) increase the average level of prices for all goods produced and consumed.
C) increase the skills and productivity of its work force.
D) put all unemployed resources to work producing desired output.
Correct Answer:
Verified
Related Questions
Q9: Q10: Markets Q12: Q15: Capital accumulation definitely Q16: An increase in the production of capital
A)allow traders to enjoy gains from trade.
B)coordinate
A)shifts the production possibilities frontier