This topic contains a solution. Click here to go to the answer

Author Question: A country has had its per capital real GDP remain constant for several years. During this period ... (Read 68 times)

littleanan

  • Hero Member
  • *****
  • Posts: 575
A country has had its per capital real GDP remain constant for several years. During this period this country
 
  A) has not experienced any economic growth.
  B) may have experienced economic growth if the average hours worked per week have fallen.
  C) will have experienced an inward shift of the production possibilities curve.
  D) will have an increase in the number of poor people.

Question 2

All points inside the production possibilities curve indicate
 
  A) a lack of sufficient supply.
  B) inefficiency in production.
  C) the law of increasing relative cost.
  D) the law of decreasing relative cost.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

maya.nigrin17@yahoo.com

  • Sr. Member
  • ****
  • Posts: 324
Answer to Question 1

B

Answer to Question 2

B




littleanan

  • Member
  • Posts: 575
Reply 2 on: Jun 29, 2018
Wow, this really help


xiazhe

  • Member
  • Posts: 331
Reply 3 on: Yesterday
Gracias!

 

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

For a complete list of videos, visit our video library