How is economic growth graphically depicted?
A) The long-run aggregate supply curve shifts right.
B) Aggregate demand shifts to the right.
C) Short-run aggregate supply shifts left.
D) The aggregate demand curve shifts to the left.
Question 2
Which of the following factors will NOT increase economic development?
A) establishing a system of property rights
B) increasing the amount of protectionism
C) increasing the amount of education in the population
D) creative destruction where old jobs, companies and industries are destroyed