Friday, July 8, 2011

Which of the following would shift the production possibilities frontier outward?

ECONOMICS

Multiple Choice

Multiple Choice

Which of the following would shift the production possibilities frontier outward?

a.an increase in the size of the labor force

b.more efficient use of existing resources and technology

c.the government prints more money

d.the end of a strike by a labor union

e.society's desire to produce more of one of the goods

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