Which of the following can cause an outward shift in the production possibilities curve? a.An increase...
Which of the following can cause an outward shift in the production possibilities curve?
a.An increase in the quantity of labor
b.An increase in the stock of capital
c.An improvement in the quality of resources
d.An improvement in technology
e.All of the above
f.None of the above
Homework Answers
Answer-E
PPC can shift to the right if-labour units increase, improvement in technology, improvement in quality of labour,increase in resources or stock of capital.
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Which of the following can cause an outward shift in the
production possibilities curve?
a.An increase...
An economy's production possibilities curve could shift outward as a result of a(n) a) increase in...
An economy's production possibilities curve could shift outward as a result of a(n) a) increase in labor and capital b) reduction in the quantity of capital goods c) decrease in the production of goods or d) decrease in the amount of available resources?
Which one of the following will cause the production possibilities curve to shift outward? increased...
Which one of the following will cause the production possibilities curve to shift outward? increased government regulation of the financial sector reallocation of resources toward food production decreased unemployment improved public education
The production possibilities frontier can shift outward if: all of the above are correct there is...
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
otes more of its res B. Cause its producti its production possibilities curve to shift outward...
otes more of its res B. Cause its producti its production possibilities curve to shift outward in the future. on possibilities curve to shift inward in the future. urces to capital investment is likely to ase the sl ope of its production possibilities curve. its production possibilities curve slope of 6. The demand curve shows A. How B The C. How muc much people are willing and able to buy at every price amount that people are willing and able...
A shift outward from the origin of the whole production possibilities curve means - there is...
A shift outward from the origin of the whole production possibilities curve means - there is unemployment in the economy. - some resources are underemployed in the economy. - underemployed resources are now being employed. - there is economic growth in the economy - resources are being shifted from one use to another use.
Which of the following does not result in a shift of the production possibilities curve? Firms...
Which of the following does not result in a shift of the production possibilities curve? Firms develop a new technology to increase the output of Klondike bars and Oreo cookies (thegoods measured on the PPC) The unemployment rate changes from 5% to 4% Firms develop a new technology ti increase teh output of Klondike bars (one of the goods measured on the PPC) Additional resources of land become available
A shift of the production possibilities curve outward could imply that an increase in inflation expectation society has...
A shift of the production possibilities curve outward could imply that an increase in inflation expectation society has chosen a different set of outputs productivity has decreases at an increasing rate the labor productivity has grown productivity has decline because workers are demanding more leisure Marginal utility describes utility gain from all consumption extra utility for each additional good consumed output divided by price extra output divided by extra utility the labor produ
Which of the following would cause the long-run aggregate supply curve to shift to the right?
Which of the following would cause the long-run aggregate supply curve to shift to the right? (Choose all that apply) an increase in the size of the labor force a decrease in nominal wages an improvement in technology an increase in the supply of capital goods
QUESTION 36 Which of the following would cause the long-run aggregate supply curve to shift to...
QUESTION 36 Which of the following would cause the long-run aggregate supply curve to shift to the right? (Choose all that apply). an improvement in technology an increase in the supply of capital goods an increase in the size of the labor force a decrease in nominal wages
Which of the following will cause the investment demand curve to shift to the right? Multiple...
Which of the following will cause the investment demand curve to shift to the right? Multiple Choice A decrease in interest rates. A decrease in the cost of labor. An improvement in technology. An increase in disposable income.
otes more of its res B. Cause its producti its production possibilities curve to shift outward in the future. on possibilities curve to shift inward in the future. urces to capital investment is likely to ase the sl ope of its production possibilities curve. its production possibilities curve slope of 6. The demand curve shows A. How B The C. How muc much people are willing and able to buy at every price amount that people are willing and able...
Which of the following does not result in a shift of the production possibilities curve? Firms develop a new technology to increase the output of Klondike bars and Oreo cookies (thegoods measured on the PPC) The unemployment rate changes from 5% to 4% Firms develop a new technology ti increase teh output of Klondike bars (one of the goods measured on the PPC) Additional resources of land become available
QUESTION 36 Which of the following would cause the long-run aggregate supply curve to shift to the right? (Choose all that apply). an improvement in technology an increase in the supply of capital goods an increase in the size of the labor force a decrease in nominal wages
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