Which of the Following Would Shift a Nation's Production Possibilities

question 72

Multiple Choice

Which of the following would shift a nation's production possibilities frontier inward?

• A)discovering a cheap way to convert sunshine into electricity
• B)producing more capital equipment
• C)an increase in the unemployment rate
• D)a law requiring workers to retire at age 50

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Definitions:

Ordinal Scale

A scale of measurement where objects or individuals are categorized based on some order or ranking, without information on the magnitude of differences.

Variable

Any event, situation, behavior, or individual characteristic that varies—that is, has at least two values.

Module

A distinct and standalone component that can operate independently or as part of a larger system, often referring to segments of educational content or software.

Parameter

A measurable attribute that defines or sets the boundaries for a system, or statistical population, often used in mathematical or statistical modeling.