Author Question: When economic growth occurs it will: a. eventually eliminate scarcity. b. shift the production ... (Read 59 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?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

For a complete list of videos, visit our video library