Multiple Choice
Through war, many of the factories in country 1 are destroyed and many of its people are killed. As a result, the country's
A) production possibilities frontier (PPF) after the war has probably shifted to the right compared to its PPF prior to the war.
B) PPF after the war is probably the same PPF as before the war.
C) PPF after the war has probably shifted to the left compared to its PPF prior to the war
D) ability to produce goods and services has increased
Correct Answer:

Verified
Correct Answer:
Verified
Q56: Which of the following could not result
Q57: According to Gwartney, economic freedom causes prosperity
Q58: The large investment in human capital by
Q59: If the economy moves from a point
Q60: Which of the following statements does NOT
Q62: Use the following diagram to answer the
Q63: The economic decisions that influence growth are
Q64: Productivity growth rates in Japan and Europe
Q65: According to Gwartney, which of the following
Q66: Creative destruction leads to a decrease in