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PPF - Outward Shifts
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PPF - Outward Shifts
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2. Introductory Economic Models / PPF - Outward Shifts / Problem 6
Problem 6
How might policymakers use information about PPF shifts to make decisions about resource allocation?
A
By ignoring PPF shifts, as they have no impact on long-term economic policy.
B
By maintaining current resource allocation, they can ensure stability in production.
C
By identifying sectors with potential for technological advancements, they can allocate resources to maximize economic growth.
D
By focusing on sectors with declining productivity, they can reduce resource allocation to those areas.
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