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

Author Question: Economic growth A) creates unemployment. B) has no opportunity cost. C) shifts the PPF outward. ... (Read 115 times)

dejastew

  • Hero Member
  • *****
  • Posts: 562
on: Jun 29, 2018
Economic growth
 
  A) creates unemployment.
  B) has no opportunity cost.
  C) shifts the PPF outward.
  D) makes it more difficult for a nation to produce on its PPF.

Question 2

The income elasticity of demand is defined as the percentage change in
 
  A) the quantity demanded resulting from a given percentage change in price.
  B) income divided by the percentage change in quantity demanded.
  C) the movement along the demand curve resulting from a change in income.
  D) the quantity demanded divided by the percentage change in income.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

IAPPLET

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

D


dejastew

  • Hero Member
  • *****
  • Posts: 562
Reply #2 on: Jun 29, 2018
Thank you :)


IAPPLET

  • Sr. Member
  • ****
  • Posts: 333
Reply #3 on: Jun 29, 2018
Happy to help you


« previous next »
 

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

The FDA recognizes 118 routes of administration.

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?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Suburban Growth Suburban Growth
Typical Startup Cost Categories Typical Startup Cost Categories
Population growth in India, China, Africa, and other countries in the developing world Population growth in India, China, Africa, and other countries in the developing world
economic question economic question
economic question economic question
Contributions to political parties , by economic sector 2020 Contributions to political parties , by economic sector 2020
Video: Heart sounds

For a complete list of videos, visit our video library