A PPF will not shift because of an increase in
a. the stability of the rules of the game
b. capital stock
c. resource availability
d. unemployment
e. technological change
D
You might also like to view...
An open economy produces most of the goods and services that it needs, with few imports and exports.
Answer the following statement true (T) or false (F)
Positive economic analysis answers what question?
What will be an ideal response?
Refer to the table above. What is the marginal rent cost if the firm decides to choose factory Very Close over factory Close?
A) -$100 B) -$200 C) $100 D) $200
The GDP deflator is
A) an index that utilizes a consumer's market basket of goods in calculating the inflation rate. B) the most general indicator of inflation since it measures changes in the prices of all goods and services in the economy. C) an index used to calculate inflation at the wholesale level. D) the least used index because it is so costly to calculate.