Exhibit 2-11 Production possibilities curves
In Exhibit 2-11, which of the following could have caused the production possibilities curve of an economy to shift from the one labeled A to the one labeled B?
A. A major natural disaster
B. An increase in consumption goods production this year
C. An advance in technology
D. An increase in unemployment
Answer: C
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a. True b. False
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a. True b. False
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