Author Question: When economic growth occurs it will: a. eventually eliminate scarcity. b. shift the production ... (Read 27 times)

lunatika

  • Hero Member
  • *****
  • Posts: 548
When economic growth occurs it will:
 a. eventually eliminate scarcity.
 b. shift the production possibilities curve to the left.
  c. be a product of luck.
 d. often result from improved technology.

Question 2

Exports are not included in GDP because they do not reflect domestic consumption.
 a. True
  b. False
  Indicate whether the statement is true or false



angrybirds13579

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

d

Answer to Question 2

False



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

For a complete list of videos, visit our video library