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

Author Question: Assume a country produces two types of goods: manufactured goods and agricultural goods. When this ... (Read 227 times)

chandani

  • Hero Member
  • *****
  • Posts: 541
Assume a country produces two types of goods: manufactured goods and agricultural goods. When this country experiences economic growth, we know that
 
  A) the production possibilities curve will shift inward.
  B) there will be movement along the curve toward more agricultural goods.
  C) there will be a movement along the curve toward more manufactured goods.
  D) the production possibilities curve will shift outward.

Question 2

Which of the following does NOT affect the long-run aggregate supply curve?
 
  A) technology B) endowments of resources
  C) price level D) production possibilities curve



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

katieost

  • Sr. Member
  • ****
  • Posts: 358
Answer to Question 1

D

Answer to Question 2

C




chandani

  • Member
  • Posts: 541
Reply 2 on: Jun 30, 2018
Gracias!


Viet Thy

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Excellent

 

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

For a complete list of videos, visit our video library