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Economics IGCSEPDF 17
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A. Resources are being used efficiently.
B. Economic growth has occurred.
C. The economy is experiencing unemployment or under-utilisation of resources.
D. The combination of goods produced is unattainable.
2-Which of the following events would most likely cause an outward shift of the entire PPC?
A. A successful campaign to reduce unemployment.
B. A decrease in a country's average retirement age.
C. The discovery of new, large mineral deposits.
D. A switch in production from capital goods to consumer goods.
ANS-
1-C
2-C