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Using Figure 1

Question 48

Multiple Choice

Using Figure 1.5,if an economy is currently producing on PP2,which of the following would shift the production possibilities curve toward PP1? A) An increase in the quantity of labor available. B) A decrease in the amount of capital available. C) An increase in the level of unemployment above the normal level. D) An advancement in technology. Using Figure 1.5,if an economy is currently producing on PP2,which of the following would shift the production possibilities curve toward PP1?


A) An increase in the quantity of labor available.
B) A decrease in the amount of capital available.
C) An increase in the level of unemployment above the normal level.
D) An advancement in technology.

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