Author Question: When a market is in surplus, there is pressure for the price to move upward. a. True b. False ... (Read 88 times)

ghost! · **on:** Jun 30, 2018

When a market is in surplus, there is pressure for the price to move upward.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Which of the following would be likely to shift a nation's production possibilities curve outward?
a. a decrease in the production of capital goods
b. an increase in the production of consumer goods
c. an increase in the number of retired workers
d. none of the above