QUESTION IMAGE
Question
drag each description to the correct location on the chart. determine which direction a nations ppc will shift as a result of these major events. several multinational companies close their factories in the nation because of its changing economic climate. a mass e - learning initiative makes education cheaper and accessible across the nation. government money is illegally taken by increasingly corrupt bureaucrats and politicians. new economic policies facilitate the signing of new international trade agreements. ppc shifts left ppc shifts right
- When multinational companies close their factories due to changing economic climate, production - capacity decreases, causing PPC to shift left.
- A mass e - learning initiative improving education accessibility enhances human capital, increasing potential output and shifting PPC right.
- Corruption with government money being misappropriated reduces resources available for productive use, shifting PPC left.
- New economic policies facilitating international trade agreements expand market access and resources, shifting PPC right.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
PPC Shifts Left: Several multinational companies close their factories in the nation because of its changing economic climate., Government money is illegally taken by increasingly corrupt bureaucrats and politicians.
PPC Shifts Right: A mass e - learning initiative makes education cheaper and accessible across the nation., New economic policies facilitate the signing of new international trade agreements.