Is increased capital spending the only way for an economy to expand its production possibilities curve?
a. No, an economy can also expand by invention and innovation.
b. No, an economy can also grow by reallocating more resources toward the production of consumption goods.
c. Yes, more capital investment is the only way to expand production possibilities.
d. Yes, although increased production of capital clearly increases the opportunity cost.
Question 2
If net exports are negative, then aggregate demand will be less than the sum of consumption, investment, and government purchases.
a. True
b. False
Indicate whether the statement is true or false
Predicted effects of piscivores on planktivore, herbivore, and phytoplankton biomass and production
3D Plant Layout - Side View for Dual-Stage Pressure Production of Nitric Acid
The neural pathway responsible for the production and learning of song in the male canary.
Production-scale tangential flow filtration system.
(a) IgA. (b) IgA production.
Fossil fuels production