20. Which of the following is least likely to shift the production possibilities curve outward? a. a

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20. Which of the following is least likely to shift the production possibilities curve outward?

a. a change in preferences away from one of the goods and toward the other

b. an invention that reduces the amount of natural resources necessary for producing a good

c. the discovery of new natural resources

d. a reduction in people’s preferences for leisure

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Exploring Macroeconomics

ISBN: 9781111970314

5th Edition

Authors: Robert L. Sexton

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Question Posted: Oct 28, 2024 11:01 AM

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20. Which of the following is least likely to shift the production possibilities curve outward? a. a

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Exploring Macroeconomics

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