Which of the Following Would Be Likely to Shift a Nation's

question 22

Multiple Choice

Which of the following would be likely to shift a nation's production possibilities curve outward?

• A)​a decrease in the production of capital goods
• B)​an increase in the production of consumer goods
• C)​an increase in the number of retired workers
• D)​none of the above

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Definitions:

Certain Outcome

An outcome that is guaranteed or known to happen without any doubt.

Risky Outcome

A potential result of an action or decision that involves uncertainty and the possibility of negative consequences.

Historical Analogy

The practice of drawing comparisons between past and present events, situations, or decisions to understand or predict current phenomena.

Cognitive Psychologists

Professionals who study mental processes such as attention, language use, memory, perception, problem solving, creativity, and thinking.