A movement along a macro production possibilities frontier is caused by a change in Select one: a. technological change. b. the quantity of inputs. c. the quality of inputs. d. all of the above. e. none of the above.
A movement along a macro production possibilities frontier is caused by a change in Select one: a. technological change. b. the quantity of inputs. c. the quality of inputs. d. all of the above. e. none of the above.
Chapter3: Scarcity, Trade-offs, And Production Possibilities
Section: Chapter Questions
Problem 10P
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A movement along a macro production possibilities frontier is caused by a change in
Select one:
a.
technological change.
b.
the quantity of inputs.
c.
the quality of inputs.
d.
all of the above.
e.
none of the above.
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