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Which of the following would shift the production possibilities frontier outward? Question 17Answer a.An increase in the amount of capital in the economy. b.A decrease

Which of the following would shift the production possibilities frontier outward?

Question 17Answer

a.An increase in the amount of capital in the economy.

b.A decrease in the amount of labor in the economy.

c.A technological stagnation with the economy producing at its potential capacity.

d.Decrease in the price of one of the goods being produced.

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