An economys production possibilities curve will shift outward over time if a. technological progress occurs. b. the

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An economy’s production possibilities curve will shift outward over time if

a. technological progress occurs.

b. the stock of available capital decreases.

c. emigration results in a decrease in the supply of available labor.

d. the productivity of labor increases.

e. either a or d occurs.

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Exploring Macroeconomics

ISBN: 9781111970314

5th Edition

Authors: Robert L. Sexton

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Question Posted: Oct 29, 2024 08:00 AM

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An economys production possibilities curve will shift outward over time if a. technological progress occurs. b. the

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Exploring Macroeconomics

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