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Author Question: Over the past 80 years, the United States has reduced its average tariff rate so today it is less ... (Read 160 times)

kaid0807

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on: Jun 29, 2018
Over the past 80 years, the United States has reduced its average tariff rate so today it is less than 5 percent.
 
  Indicate whether the statement is true or false

Question 2

Using a production possibilities frontier, economic growth is illustrated by a
 
  A) point inside the curve.
  B) point on the curve.
  C) movement from one point on the curve to another point on the curve.
  D) rightward shift of the curve.


patma1981

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Reply #1 on: Jun 29, 2018
Answer to Question 1

TRUE

Answer to Question 2

D


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