Which of the Following Would Allow the Production Possibilities Curve

question 241

Multiple Choice

Which of the following would allow the production possibilities curve for an economy to shift outward?

• A) a better social organization of economic activity, such as conversion from socialism to capitalism
• B) an increase in the labor force or resource base
• C) more investment leading to better technology and more innovation
• D) all of the above

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Definitions:

Balanced Meal

A meal that includes a variety of food groups in the right proportions to provide the body with necessary nutrients.

Basic Activities

Basic activities typically refer to fundamental tasks or actions that people engage in on a daily basis for self-care and functioning.

Daily Living

The routine activities that people do every day including eating, bathing, dressing, and going about their daily tasks.

Bathes Daily

The practice of washing oneself in water or another liquid, typically performed daily for personal hygiene.