A-LevelEconomicsBasic economic ideas and resource allocation9708/12 · May/June 2012 · Q21 Mark
In the diagram, JK is an economy's production possibility curve. [Figure 2.1] What could cause the curve to shift to GH?
This question uses a diagram from the original paper, which isn't shown here. Open the full paper from the past papers archive to see it.
Adecrease in innovation
Ban increase in the retirement age
Can increase in the price of energy
Dan increase in the unemployment rate
✓ Correct answer
C: an increase in the price of energy
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