This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The process through which an economy's production possibilities curve shifts outward is: a. ... (Read 133 times)

chandani

  • Hero Member
  • *****
  • Posts: 541
on: Jun 30, 2018
The process through which an economy's production possibilities curve shifts outward is:
 a. full-employment management. b. investment.
  c. resource renewal. d. out-resourcing.

Question 2

Which of the following is true?
 a. The production possibilities curve indicates that it will be impossible to expand total output with the passage of time.
  b. As long as resources are scarce, output cannot be increased.
  c. The size of the economic pie is fixed, and therefore, if one individual has more income, others must have less.
  d. Over time, the output of goods and services can be increased through human ingenuity and discovery of better ways of doing things.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

joneynes

  • Sr. Member
  • ****
  • Posts: 376
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

d


chandani

  • Member
  • Posts: 541
Reply 2 on: Jun 30, 2018
Wow, this really help

gcook

  • Member
  • Posts: 343
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Critical thinking and the process of planning care Critical thinking and the process of planning care
Before starting the process of adjusting the valves, look up the specifications and exact ... Before starting the process of adjusting the valves, look up the specifications and exact ...
Creating a Continental Economy Creating a Continental Economy
Condyle process Condyle process
The slope of the curve y = ax^3 - bx^2 + cx - 3 at x = 2 is 5. If the point of inflection of the cur The slope of the curve y = ax^3 - bx^2 + cx - 3 at x = 2 is 5. If the point of inflection of the cur
The process of phagocytosis The process of phagocytosis
Video: Muscle cell structures - actin, myosin and titin filaments

For a complete list of videos, visit our video library