A Rightward (An Outward) Shift of a Nation's Production Possibilities

question 85

Multiple Choice

A rightward (an outward) shift of a nation's production possibilities curve could be caused by:

• A) a decrease in technology.
• B) an increase in resources.
• C) producing more consumer and fewer capital goods.
• D) a decline in the labor force's level of education and skills.

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Definitions:

Conformity

Conformity refers to the act of matching attitudes, beliefs, and behaviors to group norms or standards.

Censor

The action of suppressing or prohibiting any parts of books, films, letters, and other forms of communication that are considered obscene, politically unacceptable, or a threat to security.

Opinions

Personal beliefs or views held by individuals, which may vary greatly and are subjective in nature.

Time-limited

An attribute or condition that has a restricted duration, not lasting or intended to last indefinitely.