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parneetgill parneetgill
wrote...
Posts: 468
4 years ago

Question 1.

An inward shift of a nation's production possibilities frontier can occur due to



an increase in the labor force.



a change in the amounts of one good desired.



a reduction in unemployment.



a natural disaster like a hurricane or bad earthquake.



Question 2.

An outward shift of a nation's production possibilities frontier represents



rising prices of the two goods on the production possibilities frontier model.



a situation in which a country produces more of one good and less of another.



economic growth.



an impossible situation.

Textbook 
InMicro

InMicro


Edition: 1st
Authors:
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Answer verified by a subject expert
JaxJax
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Posts: 369
4 years ago
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parneetgill Author
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4 years ago
this is exactly what I needed
wrote...

Yesterday
You make an excellent tutor!
wrote...

2 hours ago
Smart ... Thanks!
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