Question: Using a production possibilities frontier (PPF) diagram, determine how does the PPF change in response to the following events by showing in the graphs: a)A

Using a production possibilities frontier (PPF) diagram, determine how does the PPF change in response to the following events by showing in the graphs:

a)A relaxation of policies allowing more foreign direct investment into the country

b)Increasing the minimum wage level

c)A decrease in expenditure on research and development

d)An increase in the retirement age

e)Government policies supporting the provision of services, without affecting manufacturing.

Explanation is needed.

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