Which of the following would shift a nation's production possibilities frontier outward?
A) an increase in demand for the nation's products
B) discovering a cheaper way to convert sunshine into electricity
C) a decrease in the unemployment rate
D) a law requiring workers to retire at age 50
B
Economics
You might also like to view...
What are the three forces that cause the aggregate demand curve to slope down? Explain
What will be an ideal response?
Economics
Economies of scale exist when the ________ a unit of a good ________
A) average cost of producing; falls as its output rate increases B) price; falls as its input rate decreases C) price; rises as its output rate increases D) average cost of producing; rises as its input rate increases
Economics