Which of the Following Will Shift the Production Possibilities Curve

question 100

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.

---

Definitions:

Business Segment

A distinct part of a company that can be separated for analyzing its financial performance, often by product line or geographical location.

Independent Auditor's Report

A document provided by an independent auditor as a result of an audit or evaluation of a company's financial statements, giving an opinion on the financial statements' accuracy and compliance with accounting standards.

Financial Statements

Formal records of the financial activities and position of a business, individual, or other entity, typically including the balance sheet, income statement, and cash flow statement.

Auditor's Opinion

An assessment provided by an external auditor regarding the accuracy and completeness of a company's financial statements.