8. (Shifting Production Possibilities) Determine whether each of the following would cause the national economy’s PPF to shift inward, outward, or not at all: a. An increase in the average length of annual vacations b. An increase in immigration c. A decrease in average retirement-aged. The migration of skilled workers to other countries
8. (Shifting Production Possibilities) Determine whether each of the following would cause the national economy’s PPF to shift inward, outward, or not at all: a. An increase in the average length of annual vacations b. An increase in immigration c. A decrease in average retirement-aged. The migration of skilled workers to other countries
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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8. (Shifting Production Possibilities) Determine whether each of the following would cause the national economy’s
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