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2. Introductory Economic Models
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Problem 1
Problem 2
Problem 3
Problem 4
Problem 5
Problem 6
Problem 7
Problem 8
Problem 9
Problem 10
Problem 11
Problem 12
Problem 13
Problem 14
Problem 15
2. Introductory Economic Models
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2. Introductory Economic Models / PPF - Outward Shifts / Problem 7
Problem 7
In what extreme situation might an inward shift of the PPF occur?
A
A natural disaster that significantly reduces available resources.
B
A technological advancement in a specific industry.
C
A general increase in technology across all industries.
D
An increase in the labor force due to immigration.
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