Which Situation Would Most Likely Cause a Nation's Production Possibilities

question 129

Multiple Choice

Which situation would most likely cause a nation's production possibilities curve to shift inward?

• A) An increase in unemployment
• B) An increase in the amount of imports
• C) An increase in the number of skilled immigrant workers
• D) The destruction caused by bombing and warfare in a losing military conflict

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Definitions:

Decent Wages

Compensation for work that is fair, sufficient for a decent living, and commensurate with the cost of living.

Stabilization

The process of making something more stable or consistent, often used in the context of economic, environmental, or psychological states.

Occupational Development

The process of growth and change in a person's career over time, including gaining skills, experiences, and professional identity.

Occupational Interests

Preferences and inclinations towards certain types of careers or professional activities.