Which of the Following Events Create an Outward Shift of the Production

question 12

Multiple Choice

Which of the following events create an outward shift of the production possibilities curve?

• A)The United States moves resources from the production of goods for domestic production to the production of goods for export.
• B)Tax reductions reduce the cost and increase the volume of investment in factories, machinery, and research and development.
• C)There is an exodus of young people to another country where there is more political freedom.
• D)The unemployment rate falls from 33 percent to 12 percent.

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Definitions:

Technological Intervention

The application of technology to modify processes, solve problems, or improve conditions in various fields.

Multitasking

The act of handling more than one task simultaneously or switching between tasks quickly.

Multiple Channels

Refers to the use of several communication methods or platforms to convey a message or information.

Empathy

The ability to understand and share the feelings of another person, fostering a deeper connection and communication.