Refer to the Information Provided in Figure 16

question 186

Multiple Choice

Refer to the information provided in Figure 16.1 below to answer the questions that follow. Figure 16.1
-Refer to Figure 16.1. Which of the following causes the ppf to shift from ppf₂ to ppf₁?

• A) technological progress
• B) a decrease in capital stock
• C) an increase in the labor force
• D) an increase in per capita income

---

Definitions:

Standard Deviation

A statistical measurement that illustrates how spread out the values of a data set are around the mean, indicating the variability or volatility.

Expected Returns

The anticipated average return of an investment over a certain period, taking into account both the probability and the impact of all possible outcomes.

Corresponding Weights

The respective importance or influence assigned to components within a mathematical formula or financial model.

Probability Distribution

A mathematical representation that enumerates all possible values and the likelihood of each for a random variable within a determined boundary.