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Figure 2-4 Figure 2-4 Shows Various Points on Three

Question 270

Multiple Choice

Figure 2-4 Figure 2-4 Figure 2-4 shows various points on three different production possibilities frontiers for a nation. -Refer to Figure 2-4. Consider the following events: a. a decrease in the unemployment rate b. general technological advancement c. an increase in consumer wealth Which of the events listed above could cause a movement from V to W? A) a only B) a and b only C) b and c only D) a, b, and c Figure 2-4 shows various points on three different production possibilities frontiers for a nation.
-Refer to Figure 2-4. Consider the following events:
a. a decrease in the unemployment rate
b. general technological advancement
c. an increase in consumer wealth

Which of the events listed above could cause a movement from V to W?


A) a only
B) a and b only
C) b and c only
D) a, b, and c

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