Question

drag each description to the correct location.
determine which direction the ppc will shift as a result of these major events.
an epidemic wipes out one - third of the countrys population.
private businesses come together to sponsor college education for low - income students.
educated and skilled workers begin migrating to other countries on a large scale.
the government builds an extensive network of highways to facilitate cargo transportation.
ppc shifts left \tppc shifts right

Explanation:

• PPC Shifts Left: Events that reduce the economy's productive capacity (resources or technology) cause the Production Possibility Curve (PPC) to shift left. An epidemic reducing population (fewer workers) and skilled workers migrating (loss of human capital) both decrease available resources, so these events shift the PPC left.
• PPC Shifts Right: Events that increase productive capacity shift the PPC right. Sponsoring education (increases human capital/skilled workers) and building highways (improves infrastructure, aiding production) enhance the economy’s ability to produce, so these events shift the PPC right.

Answer:

• PPC Shifts Left:
• An epidemic wipes out one - third of the country's population.
• Educated and skilled workers begin migrating to other countries on a large scale.
• PPC Shifts Right:
• Private businesses come together to sponsor college education for low - income students.
• The government builds an extensive network of highways to facilitate cargo transportation.