Multiple Choice
An inward shift in the entire production possibilities frontier
A) represents economic growth.
B) means that the economy can produce more of both goods.
C) occurs if there is an increase in the capital stock.
D) takes place if there is an expansion in the labor force.
E) means that previous levels of production are now unobtainablE.
Correct Answer:
Verified
Correct Answer:
Verified
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