Author Question: Which of the following would mostly likely shift the production possibilities curve in an outward ... (Read 162 times)

c0205847

  • Hero Member
  • *****
  • Posts: 531
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

  • Sr. Member
  • ****
  • Posts: 355
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 top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

For a complete list of videos, visit our video library