Author Question: Which of the following would mostly likely shift the production possibilities curve in an outward ... (Read 186 times)

c0205847

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Which of the following would mostly likely shift the production possibilities curve in an outward direction?
 a. a decrease in the current rate of unemployment
 b. a movement along the curve sacrificing capital goods for consumption goods
 c. an increase in the price of goods and services
 d. advances in medicine that reduce the incidence of disease and lengthen productive life spans

Question 2

An increase in disposable income would tend to shift aggregate demand right.
 a. True
  b. False
  Indicate whether the statement is true or false



Silverbeard98

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Answer to Question 1

d

Answer to Question 2

True



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