PPC Shifts From Labor and Technology Changes
Suppose a country’s highly skilled workers emigrate while advanced automation is simultaneously implemented in its manufacturing sector. Which of the following best describes the resulting change to the country’s production possibilities curve (PPC)?
A
A uniform inward shift of the entire PPC
B
A shift that varies by sector based on skill intensity
C
A parallel outward shift of the entire PPC
D
No shift, just movement along the existing PPC
Question Leaderboard
| Rank | |||||
|---|---|---|---|---|---|
| #1 | evechen771109 | 1 | 1 | 0m 08s | 92 |
| #2 | tjoshi770 | 0 | 1 | 0m 12s | -22 |
| #3 | s24479.wang | 0 | 1 | 8m 18s | -508 |
Items per page:
10
1 – 3 of 3