INCREASES IN RESOURCES OR IMPROVEMENTS IN TECHNOLOGY WILL TEND TO...

115.Increases in resources or improvements in technology will tend to cause a society's production possibilities curve to:shift inward or to the left.→ shift outward or to the right.become horizontal.become vertical.Multiple Choice Question AACSB: AnalyticBlooms: RememberDifficulty: 1 EasyLearning Objective: 01-05 Apply production possibilities analysis; increasing opportunity costs; and economic growth.Topic: Unemployment, growth, and the future