The Figure Given Below Represents the Production Possibilities Curve for Goods

question 78

Multiple Choice

The figure given below represents the production possibilities curve for goods and services in an economy.Figure 2.3

-Which of the following actions is most likely to cause a rightward shift in a production possibilities curve [PPC]?

• A)Shifting from the production of one product to the production of another product
• B)Shifting all resources to the production of one product
• C)Employing idle resources
• D)Using fewer resources in production
• E)Increasing the technological know-how used in production

---

Definitions:

Obligations of the Debtor

Refers to the responsibilities and duties that a debtor must fulfill towards creditors, including repayment of debt.

Renewed

Made new or refreshed again.

Discharged Debt

A debt that has been deemed paid or settled, releasing the debtor from further obligations.

Primary Effect

The direct and immediate results of an action or policy, as opposed to its secondary or indirect effects.