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From course:

Microeconomic MCQ 1

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Question:

5.Between USA and Nepal, Nepal invests less in new factories and equipments. This will likely cause A) Nepal's production possibilities curve will shift outward faster than USA B) USA's production possibilities curve will shift inward faster than Nepal C) USA's production possibilities curve will shift outward faster than Nepal D) Nepal's production possibilities curve will shift inward faster than USA E) Nepal is producing inside its production possibilities curve, but USA is producing at a point on its production possibilities curve

Author: Gonza R



Answer:

D) Nepal's production possibilities curve will shift inward faster than USA


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Gonza R
Gonza R