Author Question: Which of the following will shift a production possibilities curve outward? a. an increase in the ... (Read 59 times)

WhattoUnderstand · **on:** Jun 30, 2018

Which of the following will shift a production possibilities curve outward?
a. an increase in the unemployment rate
b. a decrease in the unemployment rate from 18 to 15
c. an improvement in technology
d. a decrease in available labor and capital

Question 2

If the price level in the United States decreases, domestic goods will become relatively cheaper than foreign goods, the demand for U.S.-made goods will increase, and the quantity of RGDP demanded will increase.
a. True
b. False
Indicate whether the statement is true or false