38. A point outside or above the PPC of a nation A. will shift the PPC outward. B. implies that this nation is not using all of its technological know-how. C. is not attainable for this nation at the current time. D. implies that there are unemployed resources in this nation. E. implies that this nation is using its resources efficiently. 39. If a new labor-saving technology is discovered, A. points that were previously unattainable to society may now be attainable. B. the PPC remains unchanged. C. the PPC shifts inward. D. there is movement along the PPC. E. society does not face a new set of tradeoffs. 40. An increase in technology will cause the production possibilities curve to A. shift to the left, or inward. B. bow in. C. shift to the right, or outward. D. become a straight line. E. not change. 41. If a nation obtains more resources, points that were outside the production possibilities prior to its gaining more resources become A. obsolete. B. irrelevant. C. attainable. D. extraneous. E. harmful. 42. Which of the following will cause a rightward shift in a nation's production possibilities curve? not A. An increase in the quantity of the nation's resources B. Advances in technology C. An increase in the general level of education D. An increase in the labor force E. A reduction in unemployment
38. A point outside or above the PPC of a nation A. will shift the PPC outward. B. implies that this nation is not using all of its technological know-how. C. is not attainable for this nation at the current time. D. implies that there are unemployed resources in this nation. E. implies that this nation is using its resources efficiently. 39. If a new labor-saving technology is discovered, A. points that were previously unattainable to society may now be attainable. B. the PPC remains unchanged. C. the PPC shifts inward. D. there is movement along the PPC. E. society does not face a new set of tradeoffs. 40. An increase in technology will cause the production possibilities curve to A. shift to the left, or inward. B. bow in. C. shift to the right, or outward. D. become a straight line. E. not change. 41. If a nation obtains more resources, points that were outside the production possibilities prior to its gaining more resources become A. obsolete. B. irrelevant. C. attainable. D. extraneous. E. harmful. 42. Which of the following will not cause a rightward shift in a nation's production possibilities curve? A. An increase in the quantity of the nation's resources B. Advances in technology C. An increase in the general level of education D. An increase in the labor force E. A reduction in unemployment