Author Question: Which of the following would mostly likely shift the production possibilities curve in an outward ... (Read 187 times)

c0205847

  • Hero Member
  • *****
  • Posts: 531
Which of the following would mostly likely shift the production possibilities curve in an outward direction?
 a. a decrease in the current rate of unemployment
 b. a movement along the curve sacrificing capital goods for consumption goods
 c. an increase in the price of goods and services
 d. advances in medicine that reduce the incidence of disease and lengthen productive life spans

Question 2

An increase in disposable income would tend to shift aggregate demand right.
 a. True
  b. False
  Indicate whether the statement is true or false



Silverbeard98

  • Sr. Member
  • ****
  • Posts: 355
Answer to Question 1

d

Answer to Question 2

True



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

For a complete list of videos, visit our video library