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1.1 Economic methodology and the economic problem

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Question 27

An outward shift (to the right) of a country's production possibility frontier reflects

A

a redistribution of resources from consumer goods to investment goods.

B

an increase in the country's productive capacity.

C

an improvement in the employment rate of existing resources.

D

a reduction in the economy's opportunity cost of production.

Markscheme

1.1 Economic methodology and the economic problem Questions

  1. A Level
  2. /Economics
  3. /1.1 Economic methodology and the economic problem

123 exam-style questions on AQA A Level Economics 1.1 Economic methodology and the economic problem, covering 1.1.1 Economic methodology, 1.1.2 The nature and purpose of economic activity, 1.1.3 Economic resources, 1.1.4 Scarcity, choice and the allocation of resources, and 1.1.5 Production possibility diagrams. Each one has a worked solution and a mark scheme showing where the marks go.

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