Which of the following would most likely cause the production possibilities curve for breadfruit and fish to shift outward from AA to BB in Figure 2-2?
a. a decrease in the labor force of the country
b. a sudden change in consumer preferences for more fish and less breadfruit
c. a major technological advance
d. a decrease in the capital stock
Ans: c. a major technological advance
Economics
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The major reason for the twists, turns, and spurts in the economy's growth path, according to real business cycle theorists, is
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