How would each of the following situations affect a nation's production possibilities curve? The amount of time that unemployed workers can collect unemployment insurance is increased from 26 weeks to 96 weeks during a recession, resulting in workers remaining unemployed for a longer period of time. This a) does not shifts b) shifts the PPC.
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Question 2
How would each of the following situations affect a nation's production possibilities curve?
The amount of time that unemployed workers can collect
This a) does not shifts b) shifts the PPC.
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- Using a production possibilities frontier (PPF) diagram, determine how does the PPF change in response to the events describe below. a) A relaxation of policies allowing more foreign direct investment into the country. b) Increasing the minimum wage level. c) A decrease in expenditure on research and development. d) An increase in the retirement age. e) Government policies supporting the provision of services, without affecting manufacturing.Using a production possibilities frontier determine how does a country's PPF change in response to the events described below . Make sure to explicit what sort of assumption each event implies (neutral effect or sector biased effect).and what sectors you are representing . The latter follows from your assumptions on the factor intensity of the sector you are representing. 1. Reducing import taxes on primary inputs. 2. The discovery of new mineral deposits in a country.Using a production possibilities frontier (PPF) diagram, determine how does the PPF change in response to the following events:Make sure to explicitly indicate what sectors you are representing, and what sort of assumptions each event implies (i.e., a neutral effect vs a sector-biased effect). The latter follows from your assumptions on the factor intensity of the sector you are representing. d) Implementation of easier rules for foreign investmente) The effects of a pandemic
- Butter Bread Figure D.1 The graph above (Figure D.1) shows a nation's production possibility frontier (PPF) for the production of bread and butter. Which of the following is true? (A) The opportunity cost of producing more butter is a decreasing amount of bread. (B) Point X represents unemployed economic resources. (C) The opportunity cost of producing more butter is a constant amount of bread. (D) Point X represents a labor force that has become less productive. (E) The opportunity cost of producing more butter is an increasing amount of bread.Using a production possibilities frontier determine how does a country's PPF change in response to the events described below. Make sure to explicit what sectors are you representing and what sort of assumption each event implies (neutral effect vs a sector biased effect). The latter follows from your assumptions on the factor intensity of the sector you are representing. 1.reducing import taxes (tariffs)on primary inputs 2.increasing the expenditure on research and development 3.the introduction of greater flexibility in labour markets(new government laws enabling easier hiring of workers) 4.increasing skilled migration into a country 5.the discovery of new mineral deposits in a country.The country of San Ignacio produces two goods: beach towels and soccer balls. Last year, it produced at a point inside its production possibilities frontier and currently it is operating at a point on the (same) production possibilities frontier. Which statement best explains the change? Question 9 options: San Ignacio was originally experiencing unemployment but is now employing all its resources. San Ignacio experienced an improvement in soccer ball producing technology. San Ignacio acquired more resources. San Ignacio experienced a high level of emigration out of the country.
- Question 18 An increase in the labor force would be reflected in a society's production possibilities frontier (PPF) by an inward shift of the PPF. outward rotation along the x axis. outward shift of the PPF. outward rotation along the y axis. increase in opportunity cost.a) Why is the PPF curve bowed outward. Is it due to increasing opportunity cost or decreasing opportunity cost or constant opportunity cost Type and answer using only one of the underlined words above b) What happens to the PPF curve during a recession? Will it shift inward or outward or remains constant Type and answer using only one of the underlined words above c) Suppose a technology is banned due to its adverse environmental impacts. Would the production possibilty curve shift inward or outward or remain constant due to this Type and answer using only one of the underlined words above d) How will a policy encouraging more immigration would shift the production possibility forntier. It will shift inward or outward or remain constant Type and answer using only one of the underlined words aboveQuestion 1 Using a production possibilities frontier (PPF) diagram, determine how does a country’s PPF change in response to the events described below. Make sure to explicitly indicate what sectors you are representing, and what sort of assumptions each event implies (i.e., a neutral effect vs a sector-biased effect). The latter follows from your assumptions on the factor intensity of the sector you are representing. a) Reducing import taxes (tariffs) on primary inputs b) Increasing the expenditure on research and development c) The introduction of greater flexibility in labour markets (new government laws enabling easier hiring of workers) d) Increasing skilled migration into a country e) The discovery of new mineral deposits in a country please answer part d) and e).
- Question 1 Using a production possibilities frontier (PPF) diagram, determine how does a country’s PPF change in response to the events described below. Make sure to explicitly indicate what sectors you are representing, and what sort of assumptions each event implies (i.e., a neutral effect vs a sector-biased effect). The latter follows from your assumptions on the factor intensity of the sector you are representing. a) Reducing import taxes (tariffs) on primary inputs b) Increasing the expenditure on research and development c) The introduction of greater flexibility in labour markets (new government laws enabling easier hiring of workers) d) Increasing skilled migration into a country e) The discovery of new mineral deposits in a countryWhat is the only way for a country to consume outside of its production possibilities curve? A) specialize in production of a single good B) trade C) pursue autarky D) decrease unemploymentWhich situation would most likely cause a nation's production possibilities curve to shift inward? The construction of more capital goods An increase in discrimination based on race An increase in the number of skilled immigrant workers The destruction from bombing and warfare in a losing military conflict