Skip to main content
Macroeconomics
My Course
Learn
Exam Prep
AI Tutor
Study Guides
Flashcards
Explore
My Course
Learn
Exam Prep
AI Tutor
Study Guides
Flashcards
Explore
Back
PPF - Outward Shifts
Download worksheet
Problem 1
Problem 2
Problem 3
Problem 4
Problem 5
Problem 6
Problem 7
Problem 8
Problem 9
Problem 10
PPF - Outward Shifts
Download worksheet
Practice
Summary
Previous
10 of 10
2. Introductory Economic Models / PPF - Outward Shifts / Problem 10
Problem 10
If a country discovers a new mineral resource, how should the PPF be adjusted?
A
The PPF should shift inward, indicating decreased production capacity for all goods.
B
The entire PPF should shift outward, indicating increased production capacity for all goods.
C
The PPF should shift outward on one axis, indicating increased production capacity for one good.
D
The PPF should remain unchanged as the resource is not yet utilized.
0
Show Answer