The production possibilities curve for the nation of Economania shifts to the right. This could have been caused by:
a. a decrease in Economania's capital stock.
b. a decrease in the Economania's labor supply.
c. high unemployment in Economania the previous time period.
d. Economania producing all consumer goods in the previous period.
e. technological innovation in the production of Economania goods.
e
Economics
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Refer to the table above. What is the marginal revenue of the monopolist when it sells 300 units of its product?
A) $1 B) $2 C) $3 D) $4
Economics
Real wages will rise if
A) money supply growth is less than expectations. B) real interest rates fall. C) aggregate demand is less than aggregate supply. D) money supply growth exceeds the inflation rate.
Economics