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Figure 2-4 Figure 2-4 Shows Various Points on Three Different Production Possibilities

Question 53

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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