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Suppose drought destroys many millions of acres of valuable Canadian farmland. The effect on the ...

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Suppose drought destroys many millions of acres of valuable Canadian farmland. The effect on the ...

Suppose drought destroys many millions of acres of valuable Canadian farmland. The effect on the Canadian economy would be to move

▸ it along its production possibilities boundary.

▸ its production possibilities boundary outward.

▸ it beyond its production possibilities boundary.

▸ its production possibilities boundary inward.

▸ None of the above. There would be no change in Canada's production possibilities boundary.

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Microeconomics

Edition: 17^th

Author: Ragan

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