The Production Possibility Frontier Will Shift Outward for All of the Following

question 96

Essay

The production possibility frontier will shift outward for all of the following reasons except:
A.an increase in the unemployment rate.
B.an increase in the labor force.
C.an improvement in technology.
D.an increase in worker productivity.

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Definitions:

Accounts Receivable

Money owed to a company by its debtors for goods or services that have been delivered or used, but not yet paid for.

Source of Cash

Various origins from where a company or individual receives cash, including operations, financing activities, investments, and external funding.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year, calculated as current assets divided by current liabilities.

Net Working Capital

The difference between a company's current assets and current liabilities, indicating its short-term liquidity and operational efficiency.