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Using Figure 1

Question 68

Multiple Choice

  Using Figure 1.5,if an economy is currently producing on PP2,which of the following would shift the production possibilities curve toward PP1? A) An increase in the quantity of labor available. B) A decrease in the amount of capital available. C) A decrease in the level of unemployment towards the normal level. D) An advancement in technology. Using Figure 1.5,if an economy is currently producing on PP2,which of the following would shift the production possibilities curve toward PP1?


A) An increase in the quantity of labor available.
B) A decrease in the amount of capital available.
C) A decrease in the level of unemployment towards the normal level.
D) An advancement in technology.

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