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Question
question 16
how can an increase in the labor force affect the ppc?
it can shift the ppc to the right
it moves the economy to a point inside the ppc
it can shift the ppc to the left
it has no effect on the ppc
Brief Explanations
The production - possibilities curve (PPC) shows the maximum combinations of goods and services an economy can produce. An increase in the labor force is an increase in a factor of production. With more labor, the economy's productive capacity increases, which shifts the PPC to the right.
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It can shift the PPC to the right