Which of the Following Would Shift the Production Possibilities Frontier

question 116

Multiple Choice

Which of the following would shift the production possibilities frontier outward?

• A)An increase in the size of the labor force
• B)More efficient use of existing resources and technology
• C)The government prints more money
• D)The end of a strike by a labor union
• E)Society's desire to produce more of one of the goods

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Definitions:

Job Satisfaction

An employee's overall sense of fulfillment and positivity experienced in their job role.

Personnel Utilization

The effective use of staff members within an organization to maximize productivity and efficiency.

Job Design

The process of organizing tasks, duties, and responsibilities into a productive work unit to accomplish organizational objectives efficiently.

Job Characteristics Theory

A theory that suggests certain job characteristics can improve employee job satisfaction, motivation, and productivity by enhancing psychological states related to the work.