An Outward Shift of a Nation's Production Possibilities Frontier Represents

question 1

Multiple Choice

An outward shift of a nation's production possibilities frontier represents

• A)economic growth.
• B)rising prices of the two goods on the production possibilities frontier model.
• C)an impossible situation.
• D)a situation in which a country produces more of one good and less of another.

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Definitions:

Retain Earnings

Profits that a company keeps or reinvests in itself instead of distributing to its shareholders as dividends.

Rate Of Return

The enhancement or decline in financial value of an investment over a certain course, characterized as a percentage of the investment's initial outlay.

Annual Dividend

The total dividend payment a shareholder receives from a stock or investment in a year, expressed on a per-share basis.

Market Value

The instant price at which transactions for a service or asset can be made.