Use the Diagram Below to Answer the Questions

question 19

Essay

Use the diagram below to answer the questions.
(a)If the economy's production possibilities curve is shown by curve AB,then draw in a new curve,which indicates positive economic growth.
(b)If the economy illustrated by production possibilities curve AB is producing at point 4,what economic problem does this represent for this economy?
(c)What are some of the factors,which could cause a shift from AB to EF?

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Definitions:

Continue

To proceed with an action or process without interruption.

Suffix

A morpheme added at the end of a word to alter its meaning or form a new word, typically indicating grammatical features like tense, case, voice, aspect, person, number, gender, and mood.

File

A collection of data or information that has a name, called a filename, and is stored on a computer or similar device.

Suffix

A morpheme that is attached to the end of a word to create a derivative or alter its grammatical role.