Question

Use the diagram, which indicates maximum combinations of good X and good Y that can be produced with available resources, to answer the question. The outward shift of the curve from AC to BC could arise from a) a decrease in the level of unemployment. b) technological progress that affects good X production and good Y production equally. c) an improvement in labour productivity only in the industry producing good X. d) an improvement in labour productivity only in the industry producing good Y.

          Use the diagram, which indicates maximum combinations of good X and good Y that can be produced with
available resources, to answer the question. The outward shift of the curve from AC to BC could arise from
a) a decrease in the level of unemployment.
b) technological progress that affects good X
production and good Y production equally.
c) an improvement in labour productivity only in
the industry producing good X.
d) an improvement in labour productivity only in
the industry producing good Y.

Use the diagram, which indicates maximum combinations of good X and good Y that can be produced with
available resources, to answer the question. The outward shift of the curve from AC to BC could arise from
a) a decrease in the level of unemployment.
b) technological progress that affects good X
production and good Y production equally.
c) an improvement in labour productivity only in
the industry producing good X.
d) an improvement in labour productivity only in
the industry producing good Y.

Added by Mark R.

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