Answer:
b. an outward shift of the production possibilities curve along both axes
Explanation:
As we know that outward shift refers to the growth.
Baby boomers is a term used for the human generation born between 1946 and 1964 after the end of world war 2 when the birth rate across the world was narrowed and thereafter the emerging births of new infants were known as Baby Boom.
The main reasons of this outward shift were:
- People started new families to cover the life gap of the loved ones they lost during the world war
- People hoped that coming era will be of peace and business growth which they actually saw thereafter
- People hoped to see the economic growth in upcoming years leading them towards business expansions and production growths as well
It is an example of cyclical unemployment.
I hope this helps!
Answer:
Identify the sequence of tasks that take the longest to complete
Explanation:
Program Evaluation and Review Technique (PERT) is a project management tool that is used to manage potential contingencies in the process of executing a project. It is used to schedule ,organize and coordinate tasks in a project.
Determining the critical path on a PERT network lists out the time required for different tasks to be completed and as a result , the sequence of tasks that require the longest time are identified.
