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Figure 2.3 Figure 2.3 Shows Various Points on Three Different Production Possibility

Question 22

Multiple Choice

Figure 2.3
Figure 2.3     Figure 2.3 shows various points on three different production possibility frontiers for a nation. -Refer to Figure 2.3. Consider the following events: A.an increase in the unemployment rate B.general technological advancement C.a decrease in consumer wealth Which of the events listed above could cause a movement from X to V? A) a only B) a and b only C) b and c only D) a, b and c
Figure 2.3 shows various points on three different production possibility frontiers for a nation.
-Refer to Figure 2.3. Consider the following events:
A.an increase in the unemployment rate
B.general technological advancement
C.a decrease in consumer wealth
Which of the events listed above could cause a movement from X to V?


A) a only
B) a and b only
C) b and c only
D) a, b and c

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