Which of the Following Events Would Allow the Production Possibilities

question 42

Multiple Choice

Which of the following events would allow the production possibilities curve to shift outward?

• A)The economy's capital stock declines.
• B)More teenagers enter the labor force.
• C)Technology is lost.
• D)People begin to retire at earlier ages.

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Definitions:

Baby Busters

A term referring to the generation born immediately after the Baby Boomers, highlighting a decrease in birth rates; also known as Generation X.

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Mass Media

Diverse media technologies intended to reach a large audience via mass communication, including broadcasting, publishing, and the internet.

Microculture

A distinct cultural group that exists within a larger cultural framework, often sharing specialized values, norms, traditions, or practices.