3. Which of the following items will NOT affect an economy's PPF in Country XY? 4 O The development of a better nitrogen fertilizer O Growth in the labor participant. A change in consumers' taste and preferences. The development of a more productive method of input production.

ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter5: Introduction To Macroeconomics
Section: Chapter Questions
Problem 1.1P
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3. Which of the following items will NOT affect an economy's PPF in Country XY?
The development of a better nitrogen fertilizer
Growth in the labor participant.
A change in consumers' taste and preferences.
The development of a more productive method of input production.
Transcribed Image Text:3. Which of the following items will NOT affect an economy's PPF in Country XY? The development of a better nitrogen fertilizer Growth in the labor participant. A change in consumers' taste and preferences. The development of a more productive method of input production.
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