Question

assume the economy can produce either sports utility vehicles (suvs) or minivans. the graph below depicts the current production possibilities frontier (ppf). suppose the economy experiences a large increase in immigration. move the end points of the ppf below to show how the ppf changes. assume that the increase in immigration affects the economy's ability to produce both minivans and suvs. quantity of minivans quantity of suvs ppf this is an example of: economic stagnation. economic growth. economic contraction. economic recession

Answer 1

The quantity of minivans quantity of SUVs ppf this is an example of Economic growth.

Even as the term SUV can be carried out to large automobiles, such as the Range Rover, Chevrolet Suburban, and Jeep-like SUVs, it may additionally observe to smaller cars that do not have four-wheel drive and feature a minimal capability of going off-road just like the Honda CRV and crossover SUVs.

SUV or recreation software car is a category of vehicles owning capabilities that make it appropriate for both on-street and stale-avenue riding. some of the latter talents that SUVs commonly have are better ground clearance, 4-wheel drive, and auxiliary utilitarian features such as roof rails.

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