An Outward Shift of a Nation's Production Possibility Frontier Represents

question 24

Multiple Choice

An outward shift of a nation's production possibility frontier represents

• A) economic growth.
• B) rising prices of the two goods on the production possibility frontier model.
• C) an impossible situation.
• D) a situation in which a country produces more of one good and less of another.

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Definitions:

Genitalia

External and internal reproductive organs.

Fetuses

A developmental stage of mammals, including humans, in the uterus from the embryonic stage until birth.

Light

Electromagnetic radiation that is visible to the human eye, and is responsible for the sense of sight.

Heart Rate

The number of heartbeats per unit time, typically expressed as beats per minute (bpm).