An Inward Shift of the Production Possibilities Frontier Represents

question 151

Multiple Choice

An inward shift of the production possibilities frontier represents

• A)positive economic growth.
• B)negative economic growth.
• C)a rise in the unemployment rate.
• D)technological improvement.

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Definitions:

Par Value

The nominal or face value of a bond, share of stock, or coupon as indicated on a bond or stock certificate.

Semi-Annually

Semi-annually refers to an event or action occurring twice a year, typically every six months.

Real Rate Of Return

The yearly return percentage on an investment, modified for price level changes caused by inflation or other external factors.

Nominal Rate

The nominal rate is the interest rate set by the lending institution, not adjusted for inflation, representing the face value of the interest rate.