Using expansionary policies to combat a recession would:

The bowed-outward shape of a PPF

A) is due to capital accumulation. B) reflects the unequal application of technology in production. C) illustrates the fact that no opportunity cost is incurred for increasing the production of the good measured on the horizontal axis but it is incurred to increase production of the good measured along the vertical axis. D) is due to the existence of increasing opportunity cost.

Refer to the figure above. If Y is labor intensive then according to the HO theory, this country should be ________ abundant

A) capital B) labor C) both capital and labor D) Can't tell without more information