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yanalaym [24]
3 years ago
10

Drag each description to the correct location on the chart. Determine which direction a nation’s PPC will shift as a result of t

hese 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.
Business
1 answer:
vampirchik [111]3 years ago
7 0
<span>Several multinational companies close their factories in the nation because of its changing economic climate.
Shifts left. The maximum production of the economy is lower because their are fewer factories. 

A mass e-learning initiative makes education cheaper and accessible across the nation.
Shifts right. This makes education less expensive, freeing up public and private money for investment and other uses which can further increase output.

Government money is illegally taken by increasingly corrupt bureaucrats and politicians.
Shifts left. this money is taken out of the economy where it could otherwise be invested in factors of production. 

New economic policies facilitate the signing of new international trade agreements.
Shifts right. Increased trade opens up markets to foreign imports/exports and investment, increasing the maximum capacity of the economy. </span>
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