Question

2.Which of the following will bring about an inward shift of the production possibility curve?

Select one:

a. An increase in the level of unemployment.

b. An increase in the allocation of resources to the production of capital goods.

c. A decrease in the demand for goods and services.

d. An increase in the number of skilled people emigrating.

e. A, B and C could all be associated with an inward shift of the ppc.

Answer 1

a. An increase in the level of unemployment