Figure 2-12 -Refer to Figure 2-12.Which of the Following Would Most Likely

question 102

Multiple Choice

Figure 2-12
-Refer to Figure 2-12.Which of the following would most likely have caused the production possibilities frontier to shift outward from A to B?

• A)a decrease in unemployment
• B)a technological advance in the consumer goods industries
• C)a general technological advance
• D)an increase in the availability of capital-producing resources

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Definitions:

After-School Day-Care Costs

Expenses associated with child care services provided after school hours.

Fiscal Policy Institute

An organization focused on research and education concerning fiscal policies, often analyzing government budgets, taxes, and public spending.

Fact

A piece of information that is objectively verifiable and can be proven to be true.

Job Growth

An increase in the number of jobs available in a certain area or field, often used as an indicator of economic health.