The aggregate production function of an economy shifts upward ...

[sam.t96]

The aggregate production function of an economy shifts upward when ________ produce a higher output.
 
  A) the same amount of capital and labor
  B) the same amount of capital and a higher amount of labor
  C) a higher amount of capital and labor
  D) the same amount of labor and a higher amount of capital

Question 2

The characteristic from which all economic problems arise is
 
  A) how to make a profit.
  B) political decisions.
  C) hunger.
  D) scarcity.
  E) providing a minimal standard of living for every person.

[bitingbit]

Answer to Question 1

A

Answer to Question 2

D