Capital is: The same as money The headquarters of economic planning Both an Input and an output All of the above None of the above The three fundamental questions of economic organization are: Closely related to the concept of scarcity Not nearly as important today as they were at the dawn of civilization What, how and why Land, labor and Both C and D Which of the statements below does not apply to the production Frontier (PPF) The PPF is closely related to the concept of scarcity Quantities of inputs are measure along the axes of the PPF The PPF may shift over time Movements along the PPF may occur as the allocation of resource Technology may change the shape of the PPF Which of the following statements could be used to explain an the PPF There Is an Increase in technology The population of the country increases The country decides to Postpone current consumption in investment