Use the figure below to answer the next question.An increase in an economy's labor productivity wouldMultiple Choicemove the economy away from point A and toward point B.move the economy away from point B and toward point A.shift the production possibilities frontier from AB to CD.shift the production possibilities frontier from CD to AB.

On a production possibility frontier (PPF), a fall in the level of unemployment would be shown by:Question 10Select one:a.a movement along the PPF.b.the PPF shifting inward.c.a movement from a point inside the PPF to a point closer to PPF.d.a movement from a point on the PPF to a point inside the PPF.

Choice is necessitated by _____.*1 pointA. demand and supplyB. cost of productionC. production possibility curveD. scarcity of resources

2  How is an immediate effect of an increase in unemployment illustrated on a production possibility curve diagram?1 pointA a movement of the production point closer to the curveB a movement of the production point further inside the curveC a shift of the production possibility curve inwardsD a shift of the production possibility curve outwardsClear selection

A production possibility frontier (curve) would shift inwards if:Question 5Select one:a.inefficiency in the production process occurs.b.unemployment exists.c.productive land is lost due to salinity.d.there is no new technology.

Suppose that there is a positive productivity shock to all goods and services. This can be represented on the Production Possibility Frontier (PPF) as: Group of answer choicesA shift outwards of the frontierA convex curvature of the frontierA flattening of the frontierA shift inwards of the frontierNo change in the frontier