Author Question: Which of the following would mostly likely shift the production possibilities curve in an outward ... (Read 176 times)

c0205847

  • Hero Member
  • *****
  • Posts: 531
Which of the following would mostly likely shift the production possibilities curve in an outward direction?
 a. a decrease in the current rate of unemployment
 b. a movement along the curve sacrificing capital goods for consumption goods
 c. an increase in the price of goods and services
 d. advances in medicine that reduce the incidence of disease and lengthen productive life spans

Question 2

An increase in disposable income would tend to shift aggregate demand right.
 a. True
  b. False
  Indicate whether the statement is true or false



Silverbeard98

  • Sr. Member
  • ****
  • Posts: 355
Answer to Question 1

d

Answer to Question 2

True



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Your heart beats over 36 million times a year.

For a complete list of videos, visit our video library