Improving the education level of the labor force will

A. shift the production possibilities curve inward.
B. not shift the production possibilities curve since the total size of the labor force has not been changed.
C. shift the production possibilities curve outward.
D. cause a movement from a point inside the production possibilities curve to a point on the curve.

C. shift the production possibilities curve outward.

Economics

You might also like to view...

Stock prices are determined by only past performance

Indicate whether the statement is true or false

Economics

Labor-augmenting technological advances increase the marginal productivity of labor

a. True b. False Indicate whether the statement is true or false

Economics