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Because of destruction caused by war, a ...

Because of destruction caused by war, a country's PPF will shift to the left.

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True: Country.s PPF will shift to the left, this will be due to the fact that the country.s capacity to produce will get reduced.
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State whether the following statements are true or false. Given reason. (i) Massive unemployment will shift PPF towards left. (ii) An economy cannot operate outside PPF. (iii) Study of cotton textile industry is a macroeconomic study.

FULL MARKS-INTRODUCTION TO ECONOMICS -NCERT TEXTBOOK QUESTIONS SOLVED
  1. In the context of an economy when we talk about 'scarcity', we refer t...

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  2. Economic problem arises due to plenty of resources.

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  3. Because of destruction caused by war, a country's PPF will shift to th...

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  4. A job guarantee scheme will lead to a rightward shift of PPF.

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  5. If a PPF shifts to the right, the new PPF will be parallel to the orig...

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  6. A 'production Possibility Frontier' (PPF) is always represented as a ...

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  7. If the economy operates inside PPC, it shows full utilisation of resou...

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  8. Growth of resources shifts PPC towards left.

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  9. PPC is concave shaped as production of one good can be increased only ...

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  10. Economy can never operate outside PPC with the given resources and tec...

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  11. Economy always operates on PPC.

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  12. Define Marginal Opportunity cost.

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  13. How does Maruti Udyog Ltd. Fix the prices of its cars, is it studied i...

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  14. Whether the cotton textile industry is an example of micro or macroeco...

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  15. "Scarcity and choice go all together" Defend or refute.

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  16. "Only 'Scarce Goods' attract price." Comment.

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  17. A lot of people die and many factories are destroyed due to floods in ...

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  18. Massive unemployment will shift PPC to the left. Defend or refute.

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  19. A country's resources are fully and efficiently employed. The problem...

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  20. In an underdeveloped economy why there is the need of efficient utiliz...

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