Examlex
Which one of the following will NOT cause the production possibilities curve to shift outward?
Opportunity Cost
Whatever must be given up to obtain some item.
Holding Currency
The practice of keeping money in the form of cash or liquid assets as opposed to investing or depositing it.
MPC
Marginal Propensity to Consume refers to the proportion of an increase in income that gets spent on consumption of goods and services, as opposed to being saved.
Aggregate Demand
The total quantity of goods and services demanded across all sectors of an economy under certain economic conditions and price levels.
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