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Author Question: Which of the following will shift a production possibilities curve outward? a. an increase in the ... (Read 46 times)

WhattoUnderstand

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on: Jun 30, 2018
Which of the following will shift a production possibilities curve outward?
 a. an increase in the unemployment rate
 b. a decrease in the unemployment rate from 18 to 15
  c. an improvement in technology
 d. a decrease in available labor and capital

Question 2

If the price level in the United States decreases, domestic goods will become relatively cheaper than foreign goods, the demand for U.S.-made goods will increase, and the quantity of RGDP demanded will increase.
 a. True
  b. False
  Indicate whether the statement is true or false


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Jadwiga9

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Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

True


WhattoUnderstand

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  • Posts: 517
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

nathang24

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Reply 3 on: Yesterday
:D TYSM

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