Which of the following would shift an economy's production possibilities curve to the left? Select one: O a. the country discovers a new energy source O b. the country experiences a major natural disaster affecting its capital goods an increase in the retirement age Od. a major increase in the number of people in the labour force e. dramatic increases in economic growth
Which of the following would shift an economy's production possibilities curve to the left? Select one: O a. the country discovers a new energy source O b. the country experiences a major natural disaster affecting its capital goods an increase in the retirement age Od. a major increase in the number of people in the labour force e. dramatic increases in economic growth
Chapter3: Scarcity, Trade-offs, And Production Possibilities
Section: Chapter Questions
Problem 7P
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Transcribed Image Text:Which of the following would shift an economy's production possibilities curve to the left?
Select one:
a. the country discovers a new energy source
Ob. the country experiences a major natural disaster affecting its capital goods
Oc.
an increase in the retirement' age
Od.
a major increase in the number of people in the labour force
O e. dramatic increases in economic growth
ge
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