Author Question: The position of a country's production possibilities curve in the future will be affected by: a. ... (Read 111 times)

khang · **on:** Jun 30, 2018

The position of a country's production possibilities curve in the future will be affected by:
a. the rate of technological progress.
b. discoveries of supplies of natural resources.
c. the growth rate of productivity in the country.
d. all of the above.

Question 2

In long-run equilibrium, employment is at full employment and unemployment is at the natural rate of unemployment.
a. True
b. False
Indicate whether the statement is true or false