Each of the following would shift a nation's production possibilities frontier outward, but which is least likely to be accompanied by an increase in the standard of living?

a. population growth
b. increased investment in private physical capital
c. increased investment in human capital
d. technological advances
e. increased investment in infrastructure

A

Economics

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Structural unemployment exists because workers and employers try to find the right employment matches

Indicate whether the statement is true or false

Economics

Sally and Joe recently graduated from college, both majoring in history. Joe took a prestigious job as a legal clerk. Sally took a job as a specialist in fighting forest fires. Both received additional training before entering their jobs. Who will likely earn a higher salary and why?

Economics