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-Refer to Exhibit 2-3

Question 49

Multiple Choice

-Refer to Exhibit 2-3.If PPF<sub>1</sub> is the relevant production possibilities frontier,a shift to PPF<sub>2</sub> may depict A) economic growth. B) an increase in resources. C) an increase in technology. D) both b and c E) all of the above
-Refer to Exhibit 2-3.If PPF1 is the relevant production possibilities frontier,a shift to PPF2 may depict


A) economic growth.
B) an increase in resources.
C) an increase in technology.
D) both b and c
E) all of the above

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