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Could I have some detailed help answering the following questions? Thanks so much for your time....

Could I have some detailed help answering the following questions? Thanks so much for your time.

. Explain the effect of each of the following on the United States production possibilities frontier (PPF). Does it shift inward, outward, or not at all? Briefly explain your answers.

  1. A decrease in the average length of annual vacations.
    1. An increase in immigration of foreign workers to the U.S.
    1. An increase in the average retirement age.
    1. The migration of skilled U.S. workers to Europe.
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Answer #1

a) When there is a decrease in the average length of annual vacation then people will be working more and that will increase the workforce, this will lead to higher production and that will shift the PPF to the right.

b) Increase in the foreign worker will shift the PPF to the right as higher workforce in the market and that will increase the production in the market.

c) Increase in the average retirement will decrease the PPF in the market and that will shift the PPF to the left.

d) People leaving the US to Europe will reduce the workforce and shift the PPF to the left.

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