Problem
Using the economy-wide PPF you have constructed in Question 7, consider the impact of technological change in the economy. The tools used by Louis and Carrie Anne to cut grass and wash cars increase the efficiency of each worker by a whopping 25%. Illustrate graphically how this impacts the aggregate PPF and compute the three new sets of coordinates.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.