Author Question: Which of the following is a benefit of economic growth? A) reduction in illiteracy B) reduction ... (Read 66 times)

tiara099 · **on:** Jun 29, 2018

Which of the following is a benefit of economic growth?

A) reduction in illiteracy
B) reduction in poverty
C) improved health
D) all of the above

Question 2

When supply increases and at the same time demand decreases, we

A) can predict that both equilibrium price and quantity will increase.
B) can predict that both equilibrium price and quantity will decrease.
C) cannot predict equilibrium quantity, but know that equilibrium price will decrease.
D) cannot predict the change in either the equilibrium quantity or equilibrium price.