Which of the Following Will Shift the Production Possibilities Curve

question 117

Multiple Choice

Which of the following will shift the production possibilities curve to the right?

• A) an increase in the unemployment rate from 6 to 8 percent
• B) a decline in the efficiency with which the present labor force is allocated
• C) a decrease in the unemployment rate from 8 to 6 percent
• D) a technological advance that allows farmers to produce more output from given inputs

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Definitions:

Shipbuilding Industry

A sector of the economy that designs, constructs, and repairs ships, crucial for transportation, military, and trade purposes.

Task System

A labor system used on plantations, particularly in the cultivation of rice and cotton, where enslaved people were assigned specific tasks to complete each day, as opposed to working from sunrise to sunset.

Slave

A person who is the legal property of another and is forced to obey them.

Quota

A fixed share or allocation of something, often applied to trade limitations, immigration controls, or production targets.