Solved

Which of the Following Factors Will Cause the Production Possibilities

Question 28

Multiple Choice

Which of the following factors will cause the production possibilities curve to shift away from the origin?


A) Enforcement of compulsory retirement at age 60,for all workers.
B) The termination of all work on Albertan oil sands projects.
C) A doubling of all university fees.
D) New,improved technology.
E) Increased interest rates,which cause a decrease in expenditure on capital investment.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions