Question 6 Explain how the following situations would affect a nation’s production possibilities curve. An earthquake results in the death of over 4,000 individuals. What happens to PPF a. Increased production given resource b. unused resources c. PPF shifts outwards d. Produce outside of PPF e. Produce inside PPF f. Increases in resources g. PPF shifts inwards h. Reduction in resources
THIS IS MULTIPLE CHOICE (may you please select the correct letter)
Question 6
Explain how the following situations would affect a nation’s production possibilities curve.
An earthquake results in the death of over 4,000 individuals.
What happens to
a. Increased production given resource
b. unused resources
c. PPF shifts outwards
d. Produce outside of PPF
e. Produce inside PPF
f. Increases in resources
g. PPF shifts inwards
h. Reduction in resources
Explanation
a. Increased production given resource
b. unused resources
c. PPF shifts outwards
d. Produce outside of PPF
e. Produce inside PPF
f. Increases in resources
g. PPF shifts inwards
h. Reduction in resources
Question 7
Explain how the following situation would affect a nation’s production possibilities curve
What happens to PPF
a. Increased production given resource
b. unused resources
c. PPF shifts outwards
d. Produce outside of PPF
e. Produce inside PPF
f. Increases in resources
g. PPF shifts inwards
h. Reduction in resources
Explanation
a. Increased production given resource
b. unused resources
c. PPF shifts outwards
d. Produce outside of PPF
e. Produce inside PPF
f. Increases in resources
g. PPF shifts inwards
h. Reduction in resources
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