BSSE Economics 1443 Practice Questions - Botswana Senior Secondary Education Certificate Economics (Syllabus 1443) Exam

Which event will cause an outward shift of a nation's Production Possibility Curve (PPC)?

An increase in the unemployment rate among factory workers Discovery of new mineral reserves and technological progress A shift in consumer preferences from agricultural goods to services An increase in the price of imported raw materials

Correct Answer:

Discovery of new mineral reserves and technological progress

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