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Author Question: The position of a country's production possibilities curve in the future will be affected by: a. ... (Read 29 times)

khang

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The position of a country's production possibilities curve in the future will be affected by:
 a. the rate of technological progress.
 b. discoveries of supplies of natural resources.
  c. the growth rate of productivity in the country.
  d. all of the above.

Question 2

In long-run equilibrium, employment is at full employment and unemployment is at the natural rate of unemployment.
 a. True
  b. False
  Indicate whether the statement is true or false



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bigcheese9

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Answer to Question 1

d

Answer to Question 2

True




khang

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


mjenn52

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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