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

question 75

Multiple Choice

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

• A)developing solar power that is more efficient than all other methods of generating electricity.
• B)an increase in demand for the nation's products
• C)a decrease in the unemployment rate
• D)a law requiring workers to retire at age 50

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Definitions:

Older Workers

Employees in the workforce who are typically aged 55 years and older, often facing unique challenges and opportunities in their careers.

Fixation

A psychological concept referring to an obsessive focus or attachment to someone or something, often stemming from unresolved developmental issues.

Fresh Perspective

A new or different way of looking at a situation, problem, or subject, often leading to insights or solutions that were not previously considered.

Preconceptions

Ideas, opinions, or biases formed before having adequate evidence or experience, influencing how new information is interpreted.