Multiple Choice
A decrease in the quantity of resources
A) shifts the PPF leftward.
B) shifts the PPF rightward.
C) moves the economy up a given PPF.
D) moves the economy down a given PPF.
Correct Answer:

Verified
Correct Answer:
Verified
Q41: An advance in technology commonly refers to
Q42: Country X has a high unemployment rate.It
Q43: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit
Q44: When opportunity costs are constant,the PPF will
Q45: If increasingly more units of good Y
Q47: If the PPF for two goods is
Q48: Which of the following statements is true?<br>A)
Q49: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit
Q50: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit
Q51: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit