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Economics · May / June 2023 · Paper 12 · Question 2

2281Production possibility curve (PPC) diagrams

A country's production possibility curve (PPC) moves from PPC1 to PPC2. What could cause this movement in the PPC?

  1. Abetter education: false; higher investment: false; lower unemployment: true
  2. Bbetter education: false; higher investment: true; lower unemployment: false
  3. Cbetter education: true; higher investment: false; lower unemployment: true
  4. Dbetter education: true; higher investment: true; lower unemployment: false

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Correct answer: D. better education: true; higher investment: true; lower unemployment: false

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