The 2 possible changes to a PPC

• Out-Ward Shift

• In-Ward Shift

Out-Ward Shift

• Higher GDP -: This is caused as right-ward shift increases the price and supply, when the supply increases the exports increases, this naturally cause a increase in the gdp

• Higher Unemployment -: From higher production, when firms earn more, this leads to expansion causing for more employment

• Higher Standard For Living -: When there is more employment this causes for decrease absolute poverty, this makes firms and workers earning more leading to higher standard of living

• Increase In Investments -: This can happen for more production or more growth as firms target for machinery and technology, this can cause higher investments

In-Ward Shift

• Increased Imports -: This can cause economic down fall and a increase in current account deficit

• Increase In Unemployment -: More businesses and firms will shut down leading to unemployment

• High Inflation Rate -: High inflation rate causes In-Ward Shift as price and supply decrease

Causes Of Out-Ward Shift

• Technological Advancement -: Increases the efficiency of production, as the machines increase the productivity of the production

• Better Education -: This causes efficient labour for work, this causes more production

Causes On In-Ward Shift

• War and political instability -: War And Political conflicts can cause less focus on macroeconomics

• Resource depletion -: Less natural resources

• Economic crises -: Recessions And Etc