The production possibilities frontier can shift outward if: all of the above are correct there is...

Question

Question

The production possibilities frontier can shift outward if:

all of the above are correct

there is an increase in technology

the government increases the amount of money in the economy

resources can be moved from the production of one good to another

Answer 1

Answer #1

Option A

The production possibilities frontier shifts outwards when the Economy expands productively or in other words it becomes productively efficient
Both the resources and technology affect the production of goods and services.
When the technology increases the production process also increases which shifts the frontier outwards.
Movement of resources from one production to another will affect the production of both goods and will shift the PPF outwards.
When the government increases the amount of money in the Economy in their hands which motivates them to produce more.

Answer 2

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