Which of the Following Will Most Likely Cause an Outward

question 132

Multiple Choice

Which of the following will most likely cause an outward shift in the production possibilities curve?

• A) a reduction in the man-made productive resources available to the economy as the result of a decline in investment
• B) an increase in government payments to farmers for taking land out of production
• C) an increase from 40 to 50 hours in the average number of hours worked per week
• D) None of the above would cause an outward shift in the production possibilities curve.

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Definitions:

Assignee

A person or party to whom rights, interests, or properties are legally transferred.

Assignor

An assignor is an individual or entity who transfers rights or interests in a contract or property to another party, known as the assignee.

Nonperformance

Failure to fulfill a contractual duty or obligation.

Antiassignment Clause

A provision in a contract that prohibits one party from transferring its rights and obligations under the contract to another entity without consent.