Figure 2-4

Figure 2-4 shows various points on three different production possibilities frontiers for a nation.
-Refer to Figure 2-4.Consider the following events:
A.an increase in the unemployment rate
B.general technological advancement
C.a decrease in consumer wealth
Which of the events listed above could cause a movement from X to V?
A)a only
B)a and b only
C)b and c only
D)a, b, and c

Question

Figure 2-4
  
Figure 2-4 shows various points on three different production possibilities frontiers for a nation.
-Refer to Figure 2-4.Consider the following events:
A.an increase in the unemployment rate
B.general technological advancement
C.a decrease in consumer wealth
Which of the events listed above could cause a movement from X to V?
A)a only 
B)a and b only 
C)b and c only 
D)a, b, and c

Quizplus · Accepted Answer

The Answer of Figure 2-4
  
Figure 2-4 shows various points on three different production possibilities frontiers for a nation.
-Refer to Figure 2-4.Consider the following events:
A.an increase in the unemployment rate
B.general technological advancement
C.a decrease in consumer wealth
Which of the events listed above could cause a movement from X to V?
A)a only 
B)a and b only 
C)b and c only 
D)a, b, and c

Figure 2-4 Figure 2-4 Shows Various Points on Three Different Production Possibilities