K. A. Narasimham

V. K. Malhotra

A. K. Vadia

A. B. A Smith

1967

1968

1969

1974

an advance in technology

an increase in the labour force

an increase in the capital stock

a reduction in unemployment

a shift in the production possibilities frontier outward

a movement from inside the curve toward the curve

a shift in the production possibilities frontier inward

a movement along a production possibilities frontier toward capital goods

generate a deadweight loss that is unaffected by the time period over which it is measured.

cause a greater deadweight loss in the long run when compared to the short run

cause a greater deadweight loss in the short run when compared to the long run

none of these answers