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Directions: Read the following paragraph and answer the question.
In 1940, Hitler`s air force bombed Rotterdam, a beautiful city in Holland. Twenty five thousand homes, 1200 factories, 69 schools and 13 hospitals were destroyed. Nearly 75,000 people became homeless and 1000 people died. 35 % of the port was gutted by the German army.
Q. The above destruction would mean
  • a)
    a complete wipe off of the Production Possibilities Curve (PPC) of Rotterdam
  • b)
    an outward shift of the PPC of Rotterdam
  • c)
    an inward shift of the PPC of Rotterdam
  • d)
    a downward movement on the same PPC of Rotterdam
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Directions:Read the following paragraph and answer the question.In 194...
Explanation:

In economics, the Production Possibilities Curve (PPC) shows the maximum combination of goods and services that can be produced by an economy when all its resources are used efficiently. The destruction caused by the German army in Rotterdam in 1940 would have an impact on the PPC of Rotterdam.

Inward Shift of the PPC of Rotterdam

The destruction caused by the German army in Rotterdam would result in the inward shift of the PPC of Rotterdam. This is because the resources that were previously used to produce goods and services would now be used to repair and rebuild the destroyed homes, factories, schools, and hospitals. This means that the economy would have to sacrifice the production of some goods and services to rebuild the destroyed infrastructure. Therefore, the PPC of Rotterdam would shift inwards as the economy would produce fewer goods and services than before.

Conclusion

In conclusion, the destruction caused by the German army in Rotterdam in 1940 would result in the inward shift of the PPC of Rotterdam. This is because the resources that were previously used to produce goods and services would now be used to repair and rebuild the destroyed infrastructure.
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Directions:Read the following paragraph and answer the question.In 1940, Hitler`s air force bombed Rotterdam, a beautiful city in Holland. Twenty five thousand homes, 1200 factories, 69 schools and 13 hospitals were destroyed. Nearly 75,000 people became homeless and 1000 people died. 35 % of the port was gutted by the German army.Q. The above destruction would meana)a complete wipe off of the Production Possibilities Curve (PPC) of Rotterdamb)an outward shift of the PPC of Rotterdamc)an inward shift of the PPC of Rotterdamd)a downward movement on the same PPC of RotterdamCorrect answer is option 'C'. Can you explain this answer?
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Directions:Read the following paragraph and answer the question.In 1940, Hitler`s air force bombed Rotterdam, a beautiful city in Holland. Twenty five thousand homes, 1200 factories, 69 schools and 13 hospitals were destroyed. Nearly 75,000 people became homeless and 1000 people died. 35 % of the port was gutted by the German army.Q. The above destruction would meana)a complete wipe off of the Production Possibilities Curve (PPC) of Rotterdamb)an outward shift of the PPC of Rotterdamc)an inward shift of the PPC of Rotterdamd)a downward movement on the same PPC of RotterdamCorrect answer is option 'C'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Directions:Read the following paragraph and answer the question.In 1940, Hitler`s air force bombed Rotterdam, a beautiful city in Holland. Twenty five thousand homes, 1200 factories, 69 schools and 13 hospitals were destroyed. Nearly 75,000 people became homeless and 1000 people died. 35 % of the port was gutted by the German army.Q. The above destruction would meana)a complete wipe off of the Production Possibilities Curve (PPC) of Rotterdamb)an outward shift of the PPC of Rotterdamc)an inward shift of the PPC of Rotterdamd)a downward movement on the same PPC of RotterdamCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions:Read the following paragraph and answer the question.In 1940, Hitler`s air force bombed Rotterdam, a beautiful city in Holland. Twenty five thousand homes, 1200 factories, 69 schools and 13 hospitals were destroyed. Nearly 75,000 people became homeless and 1000 people died. 35 % of the port was gutted by the German army.Q. The above destruction would meana)a complete wipe off of the Production Possibilities Curve (PPC) of Rotterdamb)an outward shift of the PPC of Rotterdamc)an inward shift of the PPC of Rotterdamd)a downward movement on the same PPC of RotterdamCorrect answer is option 'C'. Can you explain this answer?.
Solutions for Directions:Read the following paragraph and answer the question.In 1940, Hitler`s air force bombed Rotterdam, a beautiful city in Holland. Twenty five thousand homes, 1200 factories, 69 schools and 13 hospitals were destroyed. Nearly 75,000 people became homeless and 1000 people died. 35 % of the port was gutted by the German army.Q. The above destruction would meana)a complete wipe off of the Production Possibilities Curve (PPC) of Rotterdamb)an outward shift of the PPC of Rotterdamc)an inward shift of the PPC of Rotterdamd)a downward movement on the same PPC of RotterdamCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of Directions:Read the following paragraph and answer the question.In 1940, Hitler`s air force bombed Rotterdam, a beautiful city in Holland. Twenty five thousand homes, 1200 factories, 69 schools and 13 hospitals were destroyed. Nearly 75,000 people became homeless and 1000 people died. 35 % of the port was gutted by the German army.Q. The above destruction would meana)a complete wipe off of the Production Possibilities Curve (PPC) of Rotterdamb)an outward shift of the PPC of Rotterdamc)an inward shift of the PPC of Rotterdamd)a downward movement on the same PPC of RotterdamCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Directions:Read the following paragraph and answer the question.In 1940, Hitler`s air force bombed Rotterdam, a beautiful city in Holland. Twenty five thousand homes, 1200 factories, 69 schools and 13 hospitals were destroyed. Nearly 75,000 people became homeless and 1000 people died. 35 % of the port was gutted by the German army.Q. The above destruction would meana)a complete wipe off of the Production Possibilities Curve (PPC) of Rotterdamb)an outward shift of the PPC of Rotterdamc)an inward shift of the PPC of Rotterdamd)a downward movement on the same PPC of RotterdamCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for Directions:Read the following paragraph and answer the question.In 1940, Hitler`s air force bombed Rotterdam, a beautiful city in Holland. Twenty five thousand homes, 1200 factories, 69 schools and 13 hospitals were destroyed. Nearly 75,000 people became homeless and 1000 people died. 35 % of the port was gutted by the German army.Q. The above destruction would meana)a complete wipe off of the Production Possibilities Curve (PPC) of Rotterdamb)an outward shift of the PPC of Rotterdamc)an inward shift of the PPC of Rotterdamd)a downward movement on the same PPC of RotterdamCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of Directions:Read the following paragraph and answer the question.In 1940, Hitler`s air force bombed Rotterdam, a beautiful city in Holland. Twenty five thousand homes, 1200 factories, 69 schools and 13 hospitals were destroyed. Nearly 75,000 people became homeless and 1000 people died. 35 % of the port was gutted by the German army.Q. The above destruction would meana)a complete wipe off of the Production Possibilities Curve (PPC) of Rotterdamb)an outward shift of the PPC of Rotterdamc)an inward shift of the PPC of Rotterdamd)a downward movement on the same PPC of RotterdamCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Directions:Read the following paragraph and answer the question.In 1940, Hitler`s air force bombed Rotterdam, a beautiful city in Holland. Twenty five thousand homes, 1200 factories, 69 schools and 13 hospitals were destroyed. Nearly 75,000 people became homeless and 1000 people died. 35 % of the port was gutted by the German army.Q. The above destruction would meana)a complete wipe off of the Production Possibilities Curve (PPC) of Rotterdamb)an outward shift of the PPC of Rotterdamc)an inward shift of the PPC of Rotterdamd)a downward movement on the same PPC of RotterdamCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
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