Multiple Choice
Figure 2.3 
Figure 2.3 shows various points on three different production possibility frontiers for a nation.
-Refer to Figure 2.3.Consider the following events: a.a decrease in the unemployment rate
b.an increase in a nation's money supply
c.an influx of immigrant workers
Which of the events listed above could cause a movement from X to Z?
A) a and b only
B) a and c only
C) a only
D) c only
Correct Answer:
Verified
Correct Answer:
Verified
Q2: Table 2.8<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3087/.jpg" alt="Table 2.8
Q12: Any output combination outside a production possibility
Q14: Crude oil is not an example of
Q38: Figure 2.7<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3087/.jpg" alt="Figure 2.7
Q40: Table 2.10 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1015/.jpg" alt="Table 2.10
Q46: Table 2.4 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1015/.jpg" alt="Table 2.4
Q48: Which of the following is a factor
Q79: Figure 2-1<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Figure 2-1
Q186: Figure 2.7<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3087/.jpg" alt="Figure 2.7
Q196: For a person to have a comparative