Author Question: When economic growth occurs it will: a. eventually eliminate scarcity. b. shift the production ... (Read 81 times)

lunatika

  • Hero Member
  • *****
  • Posts: 548
When economic growth occurs it will:
 a. eventually eliminate scarcity.
 b. shift the production possibilities curve to the left.
  c. be a product of luck.
 d. often result from improved technology.

Question 2

Exports are not included in GDP because they do not reflect domestic consumption.
 a. True
  b. False
  Indicate whether the statement is true or false



angrybirds13579

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

d

Answer to Question 2

False



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

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?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

For a complete list of videos, visit our video library