Author Question: Which of the following affects the rate of economic growth? a. the quality of available resources. ... (Read 47 times)

ENagel

  • Hero Member
  • *****
  • Posts: 540
Which of the following affects the rate of economic growth?
 a. the quality of available resources.
  b. the quantity of available resources.
  c. technological change.
 d. all of the above.

Question 2

Which of the following does the production possibilities curve illustrate?
 a. The tradeoffs facing a society
  b. The fact that more of one product can be produced only by reducing the quantity of other products that are being produced, assuming that resources are being used efficiently
  c. The maximum output that can be produced with a limited amount of resources
  d. The opportunity cost of alternative choices
  e. All of these



yotaSR5

  • Sr. Member
  • ****
  • Posts: 331
Answer to Question 1

d

Answer to Question 2

e



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

For a complete list of videos, visit our video library