All of the following would affect the position and shape of a nation's production possibilities curve, except:
A. The amount of labor available
B. The level of unemployment
C. The amount of the capital resources
D. The rate of technological progress
Answer: B
Economics
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Why does a larger government budget deficit increase the magnitude of the crowding-out effect?
Economics
Fill in the blank(s) with the correct words. Hint: along inside outside
a. Points ________ the production possibilities frontier are possible and efficient. b. Points ________ the production possibilities frontier are possible but not efficient. c. Points ________ the production possibilities frontier are not possible.
Economics