Which one of the following is the most likely long-run consequence of a country reallocating its scarce resources from the production of consumer goods to capital goods?
A contraction along the existing demand curve for public goods
An outward shift of the production possibility frontier in the future
An immediate increase in the current standard of living
A permanent decrease in productive efficiency
1 exam-style question on Edexcel A A Level Economics 1.1.4 Production possibility frontiers. Each one has a worked solution and a mark scheme showing where the marks go.