- Inside the PPC: this occurs when resources are unemployed or underemployed
- Along the PPC
- Shifts of the PPC
What Causes the PPC to shift?
- Technological Changes (Shift Outside/Right of the Curve)
- Change in Resources (More Resources = Shift Outside/Right) (Less Labor = Shift Inside/Left)
- Economic Growth (Shift Outside/Right of the Curve)
- Natural Disasters/War/Famine (Shift Inside/Left of the Curve)
- Change in Labor Force (Less Labor = Shift Inside/Left) (More Labor = Shift Outside/Right) More Education & Training (Shift Outside/Right of the Curve)
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