A NATION CAN INCREASE ITS PRODUCTION POSSIBILITIES BY

128. - TEST BANK FOR ESSENTIALS OF ECONOMICS 3RD EDITION BY BRUE
TEST BANK FOR ESSENTIALS OF ECONOMICS 3RD EDITION BY BRUE
128.A nation can increase its production possibilities by:shifting resources from investment good production to consumer good production.shifting resources from private goods to public goods.→ improving labor productivity.reducing international trade. AACSB: AnalyticBlooms: RememberDifficulty: 2 MediumLearning Objective: 01-05 Apply production possibilities analysis; increasing opportunity costs; and economic growth.Multiple Choice Question Topic: Unemployment, growth, and the future