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Ans b pts 1 dif difficult ref shifting the production

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.ANS:BPTS:1DIF:DifficultREF:Shifting the productionpossibilities frontier84.Government supports research and development programs because:A.research and development programs create employment.B.research and development programs support academics.C.research and development might pull the production possibilities fron-tier in.D.research and development might lead to innovations and more effec-tive ways of using available resources.ANS:DPTS:1DIF:DifficultREF:Shifting the productionpossibilities frontier
85.Which of the following wouldmostlikely cause the production possibilities curvefor DVD players and food to shift outward?PTS:1DIF:DifficultREF:Shifting the productionpossibilities frontier
86.In order for an economy to shift its production possibilities curve rightward, itmust:PTS:1DIF:DifficultREF:Shifting the productionpossibilities frontier
Narrabegin Exhibit 2.11 Production possibilities frontiers
Narrbegin87.In 2002 a country, in Exhibit 2.11, is located at point A on its 2002 productionpossibilities curve. In 2003 this same country is located at point B on its 2003 pro-duction possibility curve. Which of the following could have brought about thisshift in production possibilities curves?PTS:1DIF:DifficultREF:Shifting the productionpossibilities frontier
NAR: Exhibit 2.11 Production possibilities frontiers

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Term
Three
Professor
Tony
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