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  1. Topics
  2. Business
  3. Principles of Macroeconomics Study Set 5
  4. Quiz 2: Measuring Macroeconomic Performance: Saving and Wealth

Good W Is on the Vertical Axis and Good Z

Question 124
Multiple Choice

Good W is on the vertical axis and good Z is on the horizontal axis of a production possibilities curve.An increase in the amount of training received only by workers producing good Z would cause the production possibilities curve to A) become steeper. B) shift away from the origin. C) become flatter. D) shift towards the origin. E) change in an unpredictable way.

Related questions
Q 125
An influx of immigrants would cause the production possibilities curve to A) become steeper. B) shift away from the origin. C) become flatter. D) shift towards the origin. E) change in an unpredictable way.
Q 126
The introduction of compulsory retirement for all workers at age 60 would cause the production possibilities curve to A) become steeper. B) shift away from the origin. C) become flatter. D) shift towards the origin. E) change in an unpredictable way.
Q 127
An increase in the amount spent on new factories and equipment would cause the production possibilities curve to A) become steeper. B) shift away from the origin. C) become flatter. D) shift towards the origin. E) change in an unpredictable way.
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