Multiple Choice
Which shifts a macro production possibilities frontier inward?
A) rising input prices
B) falling input prices
C) rising output prices
D) falling output prices
E) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q236: An economy that experiences two or more
Q237: The quantity of labour inputs increases with
Q238: Constructing more factories increases capital inputs.
Q239: The lowest point of a contraction is
Q240: A contraction is a period when real
Q242: Technological change is represented on a macro
Q243: Which is not a source of economic
Q244: Which is not a reason for GDP
Q245: Which word does not describe a phase
Q246: Real GDP per person increased from $40