Multiple Choice
In which direction will improvements in and greater stocks of land,labour,capital,and entrepreneurial activity shift the production possibilities curve?
A) Inward, such that the marketplace experiences a decrease in price and output levels.
B) Inward, because more resources will be used up and not renewed.
C) Outward, such that the cost of living rises.
D) Outward, such that more goods and services can be produced.
Correct Answer:

Verified
Correct Answer:
Verified
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