Which of the following will possibly cause a leftward shift in the production possibility curve, representing good X and good Y?

a. A decrease in a country's GDP
b. An increase in the price of good X
c. An increase in the price of good Y
d. A decrease in the price of good Y
e. A decrease in the price of good X

a

Economics

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The pitfalls of a strict money supply rule can be avoided if the Fed:

A. targets velocity growth. B. targets nominal GDP growth. C. targets money supply growth. D. targets real GDP growth.

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Ways to "game" the budgeting process include

a. delaying sales if just short of a target b. delaying expenses if just short of a target c. accelerating sales once a target is met d. delaying expenses costs once a target is met

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