Author Question: Economic growth can be illustrated by: a. a movement along the production possibilities curve. b. a ... (Read 82 times)

jparksx

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Economic growth can be illustrated by:
 a. a movement along the production possibilities curve.
 b. a movement from a point on the production possibilities curve to a point inside the production possibilities curve.
  c. an inward shift of the production possibilities curve.
 d. an outward shift of the production possibilities curve.

Question 2

The real wealth effect is one reason for the negative slope of the aggregate demand curve.
 a. True
  b. False
  Indicate whether the statement is true or false



ansleighelindsey

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Answer to Question 1

d

Answer to Question 2

True



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