All of the Following Would Cause the Production Possibilities Curve

question 246

Multiple Choice

All of the following would cause the production possibilities curve to shift outward EXCEPT

• A) an improvement in technology.
• B) an increase in the amount of labor available.
• C) a decline in the unemployment rate.
• D) an increase in the level of capital stock.

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Definitions:

Global Mind-Set

An approach that considers the full spectrum of cultural, economic, and geopolitical factors when making business decisions on a global scale.

Market Savvy

A leader’s ability to be accountable for the products and services they deliver in a local market.