Which of the Following Could Cause the Production Possibilities Frontier

question 132

Multiple Choice

Which of the following could cause the production possibilities frontier to shift to the right?

• A)More government regulation that stunts economic growth
• B)Changes in the rules of the game that stunt economic growth
• C)Lower quality resources
• D)Fewer productive resources
• E)Production of more capital goods and fewer consumer goods

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Definitions:

True Score

The score that, if it could be observed, would reflect the actual ability or behavior being measured. See Observed score.

Accounts Receivable Turnover

A financial metric indicating how many times a company collects its average accounts receivable within a certain period.

Inventory Turnover

An index that displays the number of times a firm's inventory turns over and is replenished during a specific period.

Total Current Assets

These are all the assets of a company that are expected to be sold, consumed, used, or converted into cash within one year or within the business's normal operating cycle.