Which of the following situations would most likely cause the PPF to shift inward?

Increase in domestic consumption

Decrease in production factors

Decrease in imports

Increase in investment spending

Booster class

Macroeconomics

Skill

Opportunity Cost

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Related questions

Which of the following situations will arise in the domestic market following the removal of an import quota?

a. imports increase, domestic production increases, prices increase
b. imports increase, domestic production decreases, prices decrease
c. imports decrease, domestic production increases, prices decrease
d. imports decrease, domestic production decreases, prices increase