Which of the Following Events Create an Outward Shift of the Production

question 12

Multiple Choice

Which of the following events create an outward shift of the production possibilities curve?

• A)The United States moves resources from the production of goods for domestic production to the production of goods for export.
• B)Tax reductions reduce the cost and increase the volume of investment in factories, machinery, and research and development.
• C)There is an exodus of young people to another country where there is more political freedom.
• D)The unemployment rate falls from 33 percent to 12 percent.

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Definitions:

Professional Responsibilities

Entails the duties and obligations that individuals are expected to fulfill as part of their professional role, adhering to ethical standards and practices of their field.

Ethical Issue Awareness

The ability to recognize and understand moral principles and dilemmas in decision-making processes.

Hostile Work Environment

A workplace situation where an employee experiences harassment or discrimination, making it difficult to work.

Corporate Intelligence

The collection and analysis of information on markets, competitors, customers, and other factors influencing the business environment, aimed at supporting strategic decision-making.