The production possibility frontier is steeper at the right end than the left because some resources are better suited to making some products than others

The production possibility frontier is straight because some resources are better suited to making some products than others

The production possibility frontier is steeper at the left end than the right because some resources are better suited to making some products than others

The production possibility passes the point which represents total wants in the economy

A fall in unemployment

An increase in the age at which people retire

The introduction of improved technology

Purchases of new capital by firms

A command economy

A market economy

A mixed economy

A planned economy

A policy intended to improve efficiency

The introduction of subsidies on some products

A policy intended to reduce unemployment

The introduction of taxes on the rich and transfers to the poor

A policy that encouraged firms to buy more industrial plant.

A policy that encouraged firms to develop and introduce improved technology

A policy that encouraged firms to buy more machinery

A policy that encouraged firms to adopt better technologies that are already available