Figure 2.3 
Figure 2.3 shows various points on three different production possibility frontiers for a nation.
-Refer to Figure 2.3.Consider the following events: a.an increase in the patent protection period to 30 years
b.an increase of a nation's capital stock
c.an improved property rights system
Which of the events listed above could cause a movement from V to W?
Definitions:
Growth Rate
The rate at which a company's earnings or revenues increase in a given time period, reflecting its ability to expand its business.
Annual Dividend
The total dividend that a company pays to its shareholders in a single fiscal year.
Zero Growth Stock
Zero growth stock is a type of stock for which the dividends are expected to remain the same, with no expected growth in payouts over time.
Required Rate
The minimum annual percentage return that an investor expects or requires from an investment, considering the risk involved.
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