Which of the Following Would Be Most Likely to Shift

question 97

Multiple Choice

Which of the following would be most likely to shift a country's production possibilities curve outward?

• A)​An improvement in the general level of literacy and education.
• B)​A sudden, substantial expansion of consumer wants.
• C)​A reduction in the country's labor force or population.
• D)​Shifting resources from investment to consumption goods production.

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Definitions:

Debits

Entries that are made on the left side of an account, representing an increase in assets or expense accounts or a decrease in liability, equity, or revenue accounts.

Credits

Accounting entries that increase liabilities or decrease assets, representing the opposite of debits in the double-entry bookkeeping system.

Highly Leveraged

Describes a company or investment that has a high level of debt relative to equity, indicating a potentially higher risk and return profile.

Debt

An amount of money borrowed by one party from another, under the condition that it is to be paid back at a later date, usually with interest.