Suppose That a Worker in Country a Can Make Either

question 137

Multiple Choice

Suppose that a worker in Country A can make either 10 iPhones or 5 iPads each year. Country A has 100 workers. Suppose a worker in Country B can make either 2 iPhones or 10 iPads each year. Country B has 200 workers. Suppose Country B's population of workers increased to 600. Which of the following statements is now true?

• A) Country B's production possibilities frontier has rotated outward for only the production of iPhones.
• B) Country B's production possibilities frontier has shifted straight outward.
• C) Country B's production possibilities frontier has shifted straight inward.
• D) Country B's production possibilities are now more limited due to overcrowding from the extra workers.

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Definitions:

Fair Credit Reporting Act

Federal law that regulates the collection, dissemination, and use of consumer credit information, ensuring accuracy, privacy, and fairness.

Federal Trade Commission

A government agency established in 1914 to prevent unfair business practices and promote consumer protection.

Independent Federal Agency

A government body within the executive branch that operates outside of the direct control of the President or cabinet, often with regulatory or specialized functions.

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