Which of the Following Would Mostly Likely Shift the Production

question 96

Multiple Choice

Which of the following would mostly likely shift the production possibilities curve in an outward direction?

• A)​a decrease in the current rate of unemployment
• B)​a movement along the curve sacrificing capital goods for consumption goods
• C)​an increase in the price of goods and services
• D)​advances in medicine that reduce the incidence of disease and lengthen productive life spans

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Definitions:

Social Class Origins

The background or social status of an individual or group, often determined by wealth, occupation, education, or lineage.

Ability to Succeed

The capacity or potential a person or group has to achieve goals or reach a desired level of success.

Social Class

A division of a society based on social and economic status, affecting access to resources and opportunities.

Access to Resources

The ability or opportunity to obtain and use necessary materials, services, or valuable information.