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1. Explain how (if at all) each of the following events affects the location of a country's production possibilities curve: a. The rise of internet

1. Explain how (if at all) each of the following events affects the location of a country's production possibilities curve:

a. The rise of internet and computer industry.

b. A sharp rise in oil price has caused many workers to be laid off.

c. An outbreak of "killer flu" disease has reduced 1/3 of the country population.

d. Government's liberal immigration policy has attracted a million skilled workforce from overseas.

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