A Production Possibilities Frontier Shifts Outward When

question 105

Multiple Choice

A production possibilities frontier shifts outward when

• A)the economy experiences economic growth.
• B)the desires of the economy's citizens change.
• C)at least one of the basic principles of economics is violated.
• D)opportunity costs are lessened.

---

Definitions:

Recognition

The cognitive process of identifying a previously encountered or learned item, person, or situation.

Recall

The act of remembering or bringing back to memory previously learned information.

Encoding

The process by which information is transformed into a format that can be stored in the memory.

Persistence

The continued or prolonged existence of something, often in spite of challenges or difficulty.