A Production Possibilities Frontier Can Shift Inward If There Is

question 81

Multiple Choice

A production possibilities frontier can shift inward if there is:

• A)an increase in the unemployment rate.
• B)a stable political environment.
• C)an improvement in technology.
• D)a larger work force.
• E)a larger capital stock.

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Definitions:

Increase

A rise or growth in quantity, size, or intensity.

n

In statistical contexts, 'n' typically represents the sample size or number of observations in a dataset.

Sample Size

The number of observations or individuals sampled from a population for the purpose of a study or experiment.

Population Size

The total number of individuals or units in the group that is being studied.