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Scenario 4-1 In a Given Year, Country a Exported $12 Million Worth

Question 27

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Scenario 4-1
In a given year, country A exported $12 million worth of goods to country B and $6 million worth of goods to country C; country B exported $4 million worth of goods to country A and $7 million worth of goods to country C; and country C exported $5 million worth of goods to country A and $2 million worth of goods to country B.
-Which of the following will possibly cause a leftward shift in the production possibility curve, representing good X and good Y?​


A) ​A decrease in a country's GDP
B) ​An increase in the price of good X
C) ​An increase in the price of good Y
D) ​A decrease in the price of good Y
E) ​A decrease in the price of good X

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