| 2. Explain how each of the following situations would affect a nation's production possibilities curve. a. A technological innovation allows the nation to more efficiently convert solar energy into...

Extracted text: | 2. Explain how each of the following situations would affect a nation's production possibilities curve. a. A technological innovation allows the nation to more efficiently convert solar energy into electricity. b. A prolonged recession increases the number of unemployed workers in the nation. c. A category 5 hurricane destroys over 40 percent of the nation's productive capacity. d. The quality of education in the nation's colleges and universities improves greatly.