Author Question: Economic growth can be illustrated by: a. a movement along the production possibilities curve. b. a ... (Read 77 times)

jparksx

  • Hero Member
  • *****
  • Posts: 570
Economic growth can be illustrated by:
 a. a movement along the production possibilities curve.
 b. a movement from a point on the production possibilities curve to a point inside the production possibilities curve.
  c. an inward shift of the production possibilities curve.
 d. an outward shift of the production possibilities curve.

Question 2

The real wealth effect is one reason for the negative slope of the aggregate demand curve.
 a. True
  b. False
  Indicate whether the statement is true or false



ansleighelindsey

  • Sr. Member
  • ****
  • Posts: 364
Answer to Question 1

d

Answer to Question 2

True



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

For a complete list of videos, visit our video library